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There is hope that these developments also will help to generate residential construction. However, the new park came at a price: a total of {{convert|22|acre|m2}} in Macombs Dam and John Mullaly Parks were used to build it. In April 2012, Heritage Field, a $50.8 million ballpark, was built atop the grounds of the original Yankee Stadium.<ref>{{cite web|title=NYCEDC has helped to create additional green space and new jobs while spurring private investment to support the new Yankee Stadium.|url=http://www.nycedc.com/project/yankee-stadium-area-redevelopment-project|access-date=October 10, 2015}}</ref><ref>{{cite news|title=A Public Park to Rival the Yankees' Playground|newspaper=The New York Times|date=April 5, 2012|url=https://www.nytimes.com/2012/04/06/nyregion/heritage-field-opens-near-yankee-stadium.html|access-date=October 10, 2015|last1=Hu|first1=Winnie}}</ref><ref>{{cite news|title=Bronx leaders urge hotel next to Yankee Stadium|url=http://www.nydailynews.com/new-york/bronx/bronx-leaders-urge-hotel-yankee-stadium-article-1.956328|newspaper=NY Daily News|access-date=October 10, 2015}}</ref> The population of the South Bronx is currently increasing.<ref>{{cite web|url=http://www.havenarts.org/therealdeal0405.pdf|title=Affordable Apartments For Those Who Want To Enjoy Their Life -|website=Affordable Apartments For Those Who Want To Enjoy Their Life|access-date=November 19, 2017|url-status=dead|archive-url=https://web.archive.org/web/20070929012753/http://www.havenarts.org/therealdeal0405.pdf|archive-date=September 29, 2007}}</ref><ref>{{cite web|url=http://www.rentalcartours.net/rac-sbronx.pdf|title=SOUTH BRONX RESURRECTION 27 May 2004|website=Rentalcartours.net|access-date=November 19, 2017}}</ref>
Despite significant investment compared to the post war period, many exacerbated social problems remain including high rates of violent crime, substance abuse, and overcrowded and substandard housing conditions.<ref>{{Cite web|url=https://gothamist.com/news/bronx-has-highest-crime-rate-nyc-what-do-locals-want-next-mayor-do-about-it|title=The Bronx Has the Highest Crime Rate in NYC. What do Locals Want the Next Mayor to do About It?|date=June 17, 2021}}</ref><ref>{{cite web|url=https://www1.nyc.gov/assets/doh/downloads/pdf/epi/databrief129.pdf|format=PDF|title=Unintentional Drug Poisoning (Overdose) Deaths in New York City in 2020|website=1.nyc.gov|access-date=November 9, 2022}}</ref><ref>{{Cite web|url=https://gothamist.com/news/fatal-fire-bronx-tragedy-rooted-past|title=Fatal Fire in the Bronx: Tragedy Rooted in the Past|date=January 19, 2022}}</ref><ref>{{Cite web|url=https://www.amny.com/news/report-finds-the-bronx-was-the-coldest-borough-with-several-heat-complaints-this-winter/|title=Report finds the Bronx was the coldest borough with several heat complaints this winter | amNewYork|date=January 25, 2022}}</ref> Its precincts have recorded high violent crime rates and are all considered to be [[New York City Police Department]] "impact zones."<ref>{{cite web | website=Newsweek | url=http://www.newsweek.com/night-patrol-nypd-339630 |title=A Night On Patrol With the NYPD |author=Bob Henderson|date=2015-06-06 | access-date=2015-10-11}}</ref> The Bronx contains the highest rate of poverty in New York City, and the greater South Bronx is the poorest area.<ref>{{Cite web|url=https://www.nydailynews.com/new-york/south-bronx-poorest-district-nation-u-s-census-bureau-finds-38-live-poverty-line-article-1.438344|title = South Bronx is poorest district in nation, U.S. Census Bureau finds: 38% live below poverty line|website = [[New York Daily News]]}}</ref><ref>{{Cite web|url=https://www.villagevoice.com/2010/09/30/the-poorest-congressional-district-in-america-right-here-in-new-york-city/|title=The Poorest Congressional District in America? Right Here, in New York City|date=September 30, 2010}}</ref> Poverty in the public housing infrastructure has partially been caused by disinvestment by the city and state because, since the '90s, a lack of state-funded operating subsidies to NYCHA created a staggering $720 million shortfall by 2010 and, post 9/11, the city halted subsidies as well.<ref>{{Cite web|url=https://smhttp-ssl-58547.nexcesscdn.net/nycss/images/uploads/pubs/Third_City_-_web_3_1_2017.pdf|title = PUBLIC HOUSING: NEW YORK’S THIRD CITY|website = [[Nexcess]]|date=October 28, 2023}}</ref> The poorly maintained, substandard housing has caused disproportionately high asthma rates among children in the South Bronx where residents are predominately racial minorities.<ref>{{Cite web|url=https://www.nyc.gov/assets/doh/downloads/pdf/epi/databrief126.pdf|title = Disparities among Children with Asthma in New York City|website = [[NYC.gov]]|date=October 28, 2023}}</ref>
== Arts and culture ==
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