(New York Times) — Mayor Michael R. Bloomberg suffered an embarrassment last December when the City Council rejected a major developer’s plan to spend hundreds of millions of dollars transforming an unused armory in the Bronx, the city’s poorest borough, into a shopping mall.
The Kingsbridge Armory project collapsed — and the Bronx lost the prospect of hundreds of jobs — after the developer, the Related Companies, declined to require its tenants to pay a so-called living wage of at least $10 an hour and benefits.
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