Photo credit: Marla Maritzer

New York City Comptroller William C. Thompson, Jr. joined the Kingsbridge Armory Redevelopment Alliance to call upon Related Companies to negotiate a community benefits agreement at a City Hall news conference on March 5, 2009. Pictured (l to r) are: New York City Council Member Joel Rivera; Thompson; and, Stuart Appelbaum, President, Retail, Wholesale and Department Store Union.

Released March 01, 2009

View KARA press release

New York City Comptroller William C. Thompson, Jr. today issued the following statement at a news conference calling on Related Companies to sign a Community Benefits Agreement in exchange for millions of tax exempt dollars the New York Industrial Development Agency is considering providing it to develop Kingsbridge Armory:

“Related has benefited well from its relationship with the City. It is time that it give back to the residents of the Bronx. A Community Benefits Agreement will ensure that the development of Kingsbridge Armory will be good for both the people and the economy of the Bronx.” 

You can view the Comptroller’s remarks at YouTube and the full press release by visiting www.comptroller.nyc.gov.

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