The Latest Edition of the Norwood News is Out!

The 23rd edition of the Norwood News, covering the Norwood section of the Bronx, is out. We begin with page one and the worst landlords in Norwood. Public Advocate Letitia James released the annual list of 100 worst landlords in New York City and Narsinh Desai came in at number 70, making him the worst landlord in Norwood. This edition also features the Kingsbridge National Ice Center, for which a state loan has been approved, a crime file about a wanted serial robber who has attacked at least eight women in Norwood and surrounding neighborhoods, and a movement by Community


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KNIC State Loan Formally and Finally Approved

On Nov. 16, the Board of Directors for Empire State Development (ESD), New York State’s economic development arm, voted to approve the agency’s $138 million capital loan to the Kingsbridge National Ice Center (KNIC). Under the terms of the loan, KNIC agrees to pay a commitment fee totaling one percent of the loan’s principle (or, $1.38 million) at the loan’s closing. KNIC also has agreed to hire a construction monitor to be “selected at ESD’s sole discretion.” KNIC must also contribute at least $20 million to the project’s development, which boasts a $353 million price tag. The capital loan will carry


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Getting Into Nitty Gritty of Kingsbridge Ice Project Loan

State officials are in the midst of finalizing a $138 million capital loan to the developers of the Kingsbridge National Ice Center (KNIC) after a five-member board approved the measure during their latest meeting. During its Oct. 18 meeting, the Public Authorities Control Board (PACB), which supervises the activities of New York’s numerous public benefit corporations, unanimously approved the general project plan outlined by the state’s Empire State Development (ESD) agency. In addition to the $138 million loan commitment, the ESD plan also includes $26.4 million in historic tax credits and an additional $20.7 million in “other preferred equity.” All


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Financial Focus: Kingsbridge Armory Is a State 140% Profit

Let me first get my conflict of interest out of the way. As a former U.S. Navy man, I was honored to take part in “reserve duty” in the Kingsbridge Armory in the late 1970s and even more excited, taking part in spending my money at the Armory watching many closed circuit boxing fights in the 1980s back before pay-per-view was in vogue. I also protested for the city to bring “schools to the Armory” after it closed in 1997, after it was re-purposed into a women’s homeless shelter that was so bad it had closed. And 20 years later,


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How to Pay for Kingsbridge Ice Center In Focus…Again

The beleaguered project to convert the Kingsbridge Armory into the world’s largest ice skating center overcame a major financing hurdle as residents and community leaders backed a multi-million-dollar state loan for developers at a hearing. The state-mandated hearing represents a return to square one for backers of the Kingsbridge National Ice Center (KNIC), an expected to be state-of-the-art ice rink that is estimated to cost $353 million. Since receiving the green light from the New York City Council in December 2013, the project has languished in delays, with construction at the Armory yet to begin. At the Oct. 12 hearing,


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Plans Looks to Preserve Small Business Sector in Kingsbridge Heights

Members from different advocacy groups and small businesses owners took to the steps of City Hall Wednesday morning to speak on the lack of legal protections for commercial tenants and access to affordable spaces within their neighborhoods. This also includes the neighborhood of Kingsbridge Heights, where an impending ice hockey center at the Kingsbridge Armory threatens the existing commercial landscape, according to local shopkeepers. Christian Ramos, a member of the Northwest Bronx Community and Clergy Coalition and vice president of the Kingsbridge Road Merchants Association, is originally from Ecuador and has been living in the Bronx since 2001. He opened


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De Blasio Warms Up to Kingsbridge Ice Project

Mayor Bill de Blasio, who held off on advancing the $350 million reconfiguration of the Kingsbridge Armory into an ice center since entering office, is expected to turn over the lease to developers once the state releases a loan needed for the first phase of the massive project. “We’re ready to move forward with all the legal paperwork to make the project happen,” said de Blasio of the latest news as first reported by The New York Post. But the city is still waiting on the $138 state loan Governor Andrew Cuomo is expected to release to developers of the Kingsbridge


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Editorial: The Kingsbridge Ice Center, and Cuomo the Sorcerer

Could the curse of the Kingsbridge Armory be lifted? For decades, it seemed any time there’s some headway in turning it into a promising venue, a barrier gets in the way. There was the failed attempt to repurpose the enormous castle into a public school and then a mall by the Related Companies. The latest proposal that’s within reach of reality is the Kingsbridge National Ice Center (KNIC). And even then, that project has hobbled along, facing lawsuits along the way. But Governor Andrew Cuomo appears to have broken the spell. Even as the now-approved Fiscal Year 2018-19 $153 billion


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