Mayor, Bronx leaders have put wage concerns at Kingsbridge aside

New York /
Jan.January 12, 2012 11:30 AM

Despite previous concerns over whether or not living wage provisions would be included in any redevelopment plan for the Kingsbridge Armory, Bronx leaders are supporting Mayor Michael Bloomberg’s current push to redo the old military facility, the New York Times and New York Post reported.

In the text of his state of the city speech, due later today, Bloomberg will call the redevelopment plan an attempt “to bring jobs to the most talked about empty building in the Bronx,” and will state that he and Bronx leaders have been “putting aside our differences to do what’s best for the city,” according to text of the speech provided by his office to the Times.

Unemployment in the Bronx was 12.6 percent in November, the highest of any county in the state. Bronx Borough President Ruben Diaz will let “the wage debate play out in the City Council,” sources told the Post. The City Council is considering a bill that would require all businesses that receive tax subsidies to pay a $10 per hour to all employees.

And things are different than in 2009, the Times said. Developers can propose purchasing or leasing the property according to the current RFP, and the city will accept proposals for any use other than housing, although it would prefer a mixed-use commercial use. [NYT] and [Post]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Property buyers from the Middle East made up 16 percent of all sales to international investors (Getty)
Middle East investors returning to UK property market
Middle East investors returning to UK property market
Victor Oladipo joined the Miami Heat earlier this year. (Getty)
Miami Heat’s Victor Oladipo buys non-waterfront Miami Beach spec home for $8M
Miami Heat’s Victor Oladipo buys non-waterfront Miami Beach spec home for $8M
(iStock)
Canada’s surging housing market be peaking
Canada’s surging housing market be peaking
Abraham Edgardo Ortega is one of nine people charged in the laundering scheme. (Getty, Department of Justice)
Former Venezuelan oil exec sentenced in $1B money laundering scheme
Former Venezuelan oil exec sentenced in $1B money laundering scheme
Mark Zuckerberg and Priscilla Chan (Getty, iStock)
Mark Zuckerberg nearly doubles Hawaii real estate holdings
Mark Zuckerberg nearly doubles Hawaii real estate holdings
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...