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Thursday, July 18th, 2019

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City Puts Fordham Plaza Out to Bid

Fordham Plaza, opened 2016. (file photo/Norwood News)

New York City is restarting a search for a manager to oversee Fordham Plaza. According to Norwood News, Fordham Road’s Business Improvement District (BID) and NYC could not agree to terms of operating the $34 million site.

Fordham Road’s BID was given a six-month grant to begin maintenance, a deal that made sense as the BID is not just the city’s largest, but neighbors the plaza. But now, the cafe and three kiosks are left without a vendor even longer, leaving many wondering why the city waited a year to find a partner to begin with.

What is clear is that the costs for the BID started to pile up, with the Dept. of Transportation charging almost $10 million in various types of insurance, among other stipulations, which would have strained their financial resources.

Read the full April 5, 2019 story by David Cruz at NORWOOD NEWS…

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3 thoughts on “City Puts Fordham Plaza Out to Bid”

  1. So much for build it and they will come. This is the second major redesign for the plaza. Can’t seem to get it right

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