* It’s unfortunate that The Post continues to ignore the real issue at the Kingsbridge Armory — the use of taxpayer subsidies to finance private industry while offering little or no benefit to the community (“Kingsbridge Commissar,” Editorial, Dec. 18).

The Bronx has the highest poverty rate of any US urban county, despite the significant development that took place here under the Bloomberg administration. The mayor’s development model has not worked for us, and it is time we ask the developers who eat from the taxpayers’ trough to do better.

For The Post to compare my demand for community benefits to armed robbery is insulting, and it obscures the true culprits in this regard — billionaire developers who raid the taxpayers’ wallets while offering only the bare minimum in return.

It is time for corporate profiteers to play by a new set of rules that put the people first.

Ruben Diaz Jr.

Borough President

The Bronx