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Monday, April 21, 2008

Armory Announcement Finally Leaks Out

After months of speculation and delays, the city announced today that The Related Companies was indeed the choice to redevelop the Kingsbridge Armory.

But first, city officials leaked the story out through the NY Post, a tabloid newspaper that rarely covers the Bronx and has written about the Armory project a total of zero times before the city's Economic Development Corporation presumably handed it the story sometime yesterday.

Not that we're bitter or anything.

In any case, this doesn't come as a surprise to anyone. Since December it's been rumored that the EDC had picked Related, a development company with strong ties to former deputy mayor for economic development, Dan Doctoroff. A month ago, Community Board 7 Chair Greg Faulkner was told that the EDC had chosen Related, so he announced the EDC's decision at a general board meeting -- much to the chagrin of the city, which apparently didn't want anyone stealing the spotlight. The Daily News then reported that Related had won the job based on Faulkner's announcement.

To recap, the city's EDC admonished a local leader for making a premature announcement, then proceeded to make the very-same announcement for one of the biggest mixed-use projects in city history by leaking it to the Post and sending out a press release about an hour ago.

Fortunately, the Kingsbridge Armory Redevelopment Alliance (KARA), which has championed the Armory project for more than a decade, will hold a rally at City Hall sometime later this week. We're guessing they will pull out at least a few bells and whistles to celebrate progress on a long-delayed redevelopment project that could be a huge agent of change for the northwest Bronx community.

More on the Armory project coming later today.


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