Governor Kathy Hochul and Mayor Eric Adams teamed up to revive the long-abandoned Kingsbridge Armory in The Bronx, but their efforts fell flat. The grand armory, which has been neglected since 1969, is set to receive a total of $200 million in funding from the state and city. However, the timeline for the project is slow, with proposals from private developers due next month and a winner not being chosen until the end of 2024. The financial incentives are questionable, as the chosen developer will likely have to give in to community demands and union pressures. Additionally, any deal to sell or lease the armory must go through the City Council, which has a history of shooting down sound proposals. The city’s “guiding principles” for the transformation also prioritize woke ideals rather than economic viability. It’s a pity that the armory cannot be used for short-term purposes, as decades of neglect have potentially made it toxic. In conclusion, any developer who takes on this project will need luck, and the Bronx neighborhood desperately needs the support.
Denial of responsibility! VigourTimes is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
