“I am proud of the members of the Bronx City Council delegation for standing together and voting against this development project, and I am happy to see that so many City Council members from other boroughs were willing to join us. This is not the outcome we wanted. We presented the City and the developer with a very reasonable community benefits agreement, yet they did not want to accept our terms. Unfortunately, we were forced to oppose this project because of their collective unwillingness to negotiate.

“It is no longer an acceptable business model to allow billionaire companies to take major tax breaks to do business in our borough while they create little more than part-time, low wages jobs without benefits or much chance for advancement. This administration, and all future administrations, must understand that we are partners in government, and we must work together to develop an agenda for this borough and this City. In the coming months we will examine the future of the Kingsbridge Armory, and I look forward to speaking with all interested parties on moving ahead with a new project,” said Bronx Borough President Ruben Diaz Jr.