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 first in-person rezoning hearing at a nearby school.