Community Ownership Is Now Part of Kingsbridge Armory Revival Project

Community Ownership Is Now Part of Kingsbridge Armory Revival Project

A longtime Bronx community organizing group and the team picked by the city to develop the Kingsbridge Armory have announced an unprecedented deal that will allow the nonprofit to own 20% of the long-abandoned landmark. The Northwest Bronx Community & Clergy Coalition and 8th Regiment Partners LLC, a joint venture between real estate firm Maddd Equities LLC and Joy Construction Corporation, announced the pact Tuesday evening, shortly before a pu…

Kingsbridge Armory developer, local nonprofit announce community ownership agreement – Bronx Times

A longstanding Bronx grassroots organization has signed a “revolutionary” agreement with developers of the Kingsbridge Armory, guaranteeing a community ownership stake of up to 20% in the project.  Members of the Northwest Bronx Community and Clergy Coalition (NWBCCC) and development firm 8th Regiment gathered with union workers and elected officials on the armory steps to announce the agreement on June 3, immediately before Community Board 7’s …

Kingsbridge Armory Development Adds Community-Owned Commercial Condos

The recently selected developers of the Bronx’s long-vacant Kingsbridge Armory will build community-owned commercial condominiums and industrial space at the site. Maddd Equities and Joy Construction have partnered with nonprofit Northwest Bronx Community and Clergy Coalition (NWBCCC) to redevelop the Kingsbridge Armory into a new community center, according to a Wednesday announcement. Maddd and Joy, which are using the entity 8th Regiment Part…

NWBCCC, 8th Regiment Partners & EDC Announce Joint Partnership on Kingsbridge Armory Redevelopment

COUNCIL MEMBER PIERINA Sanchez (C.D. 14) throws her hand up and her head back in jubilation as the Northwest Bronx Community & Clergy Coalition (NWBCCC), NYC Economic Development Corporation (EDC) and 8th Regiment Partners, the winning bidder behind the latest redevelopment project for Kingsbridge Armory entitled,  “The Kingsbridge Center/El Centro Kingsbridge,” joined other elected officials and labor unions to announce a new partnership in the…

Vote To Fund Armory Transformation Fails

ST. JOHNSBURY — A majority of voters on Tuesday rejected a request for more money to transform the Armory into a police station and emergency dispatching center.