Bloomberg To Deliver State Of The City Address

NEW YORK – Mayor Michael Bloomberg will deliver his State of the City address this afternoon and the future of a historic Bronx armory is on the agenda.

The mayor is set to announce a plan to convert the Kingsbridge Armory into a commercial and entertainment hub which would create thousands of jobs.

A deal to redevelop the armory into a retail center in 2006 fell apart amid calls by some elected officials to require that workers at the center be paid what they called a living wage.

Bloomberg has said he doesn’t support a proposal currently being considered by the City Council that would require all employees at city-subsidized developments to be paid $10 per hour or more.

The landmark structure has been vacant since the mid 1990s.

Bloomberg will deliver his State of the City address at Morris High School in the Bronx.

Courtesy of (CBSNewYork/AP)

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