Judge’s Proposal to Release KNIC’s Lease Attached with Stipulations
A Bronx judge presiding over three of four intertwining cases linked to the Kingsbridge National Ice Center (KNIC), proposed to city lawyers it allow the ice center’s lease be freed from escrow “forthwith” until next February so it can raise funds needed to begin the long-awaited project. But Judge Ruben Franco of Bronx Supreme Court, blatantly nudging to advance the $350 million project, warned KNIC it would have to relinquish the lease if it doesn’t obtain the $138 million needed to proceed with the project’s first phase. “All deals are off,” said Judge Franco. The recommendation bore similarities to a proposal