mixed-use plan

UPDATE Agallas Equities Responds to Mayor’s Remarks on Possible Microchip Production at Kingsbridge Armory

By SÍLE MOLONEY
Agallas Equities, a Manhattan-based real estate firm, has blasted recent comments made by New York City Mayor Eric Adams on possible plans to start microchip production at the Kingsbridge Armory. As reported, Agallas filed a lawsuit on March 28 against NYC Economic Development Corporation (EDC), Andrew Kimball as CEO of EDC, 8th Regiment Partners LLC, a joint venture of Maddd Equities and Joy Construction, Bronx Borough President Vanessa Gibson and now former Deputy Bronx Borough President Janet Peguero over what it alleges was “the controversial selection” of the rival, chosen developer (8th Regiment Partners LLC) for the Armory redevelopment project announced in January.

UPDATE: Lawsuit Filed Against EDC, Developer & Bronx Politicians Challenging Kingsbridge Armory RFP Selection

By SÍLE MOLONEY
Agallas Equities, a Manhattan-based real estate firm, announced on Friday, March 28, the filing of a lawsuit against NYC Economic Development Corporation (EDC), 8th Regiment Partners LLC, a joint venture of Maddd Equities and Joy Construction, Bronx Borough President Vanessa Gibson and Deputy Bronx Borough President Janet Peguero over what it alleges was “the controversial selection” of a rival, chosen developer for the Kingsbridge Armory redevelopment project, as announced in January.

City Chooses Long Island Developer for Two-Phase, Mixed-Use Development of Kingsbridge Armory

By SÍLE MOLONEY
The latest two-phase, mixed-use plan for the long-vacant Kingsbridge Armory was unveiled by City and State officials on Tuesday, Jan. 7. City and elected officials said, “Phase One of the project envisions a vibrant, mixed-use development with a state-of-the-art event venue space, sports fields for local youth academies, cultural and commercial space, over 25,000 square-feet of dedicated community space, an educational facility focused on workforce development, and more.”