Kingsbridge Road shops face increased rent, possible closure amid building of ice skating center

More than a dozen mom and pop shops on Kingsbridge Road say they may be forced to close soon.



Tenants say a new landlord is starting to double their rents because the Kingsbridge Armory is reopening as a huge ice skating center in a few years, and property values are already starting to skyrocket.



Though some store owners agree that the armory renovations will help improve the neighborhood and bring jobs and new businesses, they say it's not fair for them to be pushed out after years as staple institutions.



The owners say they are in talks with the management company and hope to come to some kind of an agreement in a meeting with them next week. News 12 The Bronx did leave a few voice mails for the management company, but is still waiting to hear back.


sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."