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

Summary by Norwood News
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 a
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Norwood News broke the news in on Monday, May 12, 2025.
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