Governor Andrew Cuomo announced his administration will issue an $108 million loan to the beleaguered Kingsbridge National Ice Center (KNIC) project, once again jumpstarting a project that plunged into judicial turmoil last year. The announcement came during Governor Cuomo’s roving State of the State address, this time held in Manhattan. There, Cuomo also announced $40 […]
Vacant Armory purchase price assessed at $17 million, says KNIC In the last year, progress at the Kingsbridge Armory, which was expected to house a large ice skating complex by next year, has stalled with nary a shovel in the ground. A lawsuit by developers of the Kingsbridge National Ice Center (KNIC) against the New […]
For years, city officials and developers of the Kingsbridge National Ice Center (KNIC) have been on the same page with respect to the impending project at the Kingsbridge Armory: They would like to see an ice center built. But until recently, the city has raised questions over whether KNIC has the proper financing needed to […]
The Kingsbridge National Ice Center (KNIC) is edging close to actual construction at the Kingsbridge Armory, with progress in the form of the state’s financial support towards the project. Not much of a sound was heard about the Armory in 2015, though developers insisted plenty was going on behind the scenes. That’s true, and it’s […]
Though the Kingsbridge National Ice Center (KNIC) was approved to occupy the Kingsbridge Armory in 2013, loose ends relating to the mammoth project were brought up during a hostile public meeting involving an approved loan for the enormous project. In what was a barely publicized public hearing Jan. 14, residents and special interests groups testified […]
By DAVID CRUZ Another piece of property has sold for nearly $15 million in Kingsbridge, blocks from the Kingsbridge Armory. The transaction is just another sign of growing real estate activity near the Armory that’s now slated to become an enormous ice skating center. Eastern Consolidated brokered a deal with an unnamed buyer for the real […]
By DAVID CRUZ Councilman Fernando Cabrera, under a provision in a community benefits agreement between community leaders and developers of the Kingsbridge National Ice Center (KNIC) at the Kingsbridge Armory, has chosen members to join a panel overseeing the CBA’s execution.
by David Cruz They’re at it again.
By David Cruz The Norwood News has learned rents have doubled for small business owners just across from the Kingsbridge Armory, in a move that’s considered a first major push to weed out retailers on the eve of the Armory’s redevelopment. The move foreshadows a possible trend in the working class neighborhood that could see […]