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New York

Agency says it did not misuse Related money

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After allegations that the Bronx Overall Economic Development Corporation mishandled hundreds of thousands of dollars in funds from the Community Benefits Agreement for the Gateway Center Mall, Bronx Borough President Ruben Diaz Jr. is calling for a complete accounting of the corporation’s economic activities. Officials from the agency say the lawsuit is frivolous and deny that they diverted any of the $1.8 million provided by Related Companies, developer of the mall being constructed on the former Bronx Terminal Market site. Related contributed the money to promote job training and local hiring at the mall. The corporation said it expects to be cleared of any wrongdoing when the economic reports are released.

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Related CompaniesThe Bronx