New Kingsbridge Retail Landlord Postpones Rent Hike For Merchants
by David Cruz Merchants facing a rent hike along a stretch of stores near the Kingsbridge Armory are breathing easier for now after hearing news their impending high rent will be delayed. Rents were to have gone up Aug. 1. At a meeting hosted by the Northwest Bronx Community & Clergy Coalition and the Northwest Bronx Democrats at St. Tolentine Church on Fordham. Steven Lorenzo, a realtor with NAI Friedland, told the audience that New Kingsbridge LLC, the new landlord to two properties on the corner of West Kingsbridge Road and Jerome Avenue has decided to arrive at a compromise
