“The agreement between the Kingsbridge Armory's new developer, 8th Regiment Partners LLC, and the Northwest Bronx Community Clergy Coalition is the start of an exciting partnership that will give a historic organizing force from our community a seat at the table in the Armory's transformation process.
Bronx Community Board 7's public hearings are a significant part of the ULURP process and the announcement of this partnership is a welcome milestone as we work together to realize our community's vision. I am committed to maintaining a watchful eye to ensure that the new project fosters economic growth, leads in sustainability, and generates good-paying union jobs. Our community's aspirations, needs, and concerns about this development must be thoroughly reflected in a legally binding Community Benefits Agreement that includes enforceable anti-displacement measures to protect small businesses and clear frameworks for community ownership and revenue-sharing mechanisms to directly benefit local residents.
This historic building must become an asset to us: northwest Bronx residents, local small business owners, community organizations, and future generations of Bronxites to come. We cannot afford to repeat past mistakes and I am hopeful that this agreement is a step in the right direction."
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