The neighborhood has been experiencing massive revitalization with many historic warehouses, factories and various manufacturing buildings being converted into lofts. The former Estey Piano Corp factory, now The Clock Tower, has the restaurant Charlies Bar & Kitchen operating on the ground level. Port Morris has become a burgeoning community of artists and other young professionals looking for more reasonable options outside of Manhattan. Efforts by the New York Restoration Project are underway to revive the waterfront in an area that historically suffers from high asthma rates. This will create much-needed green space for the community. As a result of these changes, the neighborhood is slowly becoming well known as a hub for upscale eateries in the South Bronx.