CBA For Ice Palace In The Bronx Will Bring Huge Economic Benefits To Residents Of Neighborhood


The planned Kingsbridge National Ice Center will generate nearly $2 billion in economic benefits for the city, its developer claimed this week.

The community benefits agreement requires that at least 51% of employees be Bronx residents and be paid at least $10 per hour with benefits or $11.50 without. The community will receive 1.5% of the ice center’s annual revenues, or $276 million over the 99-year lease. And the community will enjoy free ice time, worth nearly $589 million.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s