How to Pay for Kingsbridge Ice Center In Focus…Again
The beleaguered project to convert the Kingsbridge Armory into the world’s largest ice skating center overcame a major financing hurdle as residents and community leaders backed a multi-million-dollar state loan for developers at a hearing. The state-mandated hearing represents a return to square one for backers of the Kingsbridge National Ice Center (KNIC), an expected to be state-of-the-art ice rink that is estimated to cost $353 million. Since receiving the green light from the New York City Council in December 2013, the project has languished in delays, with construction at the Armory yet to begin. At the Oct. 12 hearing,