The Related Companies
The Related Companies has been given the right to redevelop the Kingsbridge Armory and is seeking millions of dollars in tax payer money to do so. Yet the company is actively refusing to negotiate with the Bronx community and guarantee basic outcomes, such as good, living wage jobs for local residents, vital community space and quality retail shopping opportunities. According to the plans put forward by the Related Companies, they will:
- Create 1200 permanent, primarily poverty-wage, part-time, no-benefit jobs that will not prioritize Bronx residents in their hiring process.
- There are no specifics about how much community space Related is providing and at what cost.
- There is a fitness club in their plan instead of a YMCA or comparable facility that can serve our youth and families for free or low cost.
- The City is selling the Armory to the Related Companies for a measly $5 million dollars.
- There are Environmental hazards which may pose a health or physical hazard to persons employed at or visiting the site. Related does provide any information about what these hazards are or how they will be remedied.