Politics & Government
Forest City Chose Not to Sue New Rochelle Over Echo Bay
Forest City Ratner is not going to sue the City of New Rochelle for expenses incurred during its unsuccessful proposal to build Echo Bay.
The claim for expenses came after the City Council terminated the redevelopment project as proposed by Forest City Residential—which came after resident protests.
The developers released this statement:
While the City of New Rochelle and Forest City Residential have different perspectives about the manner in which the Echo Bay waterfront redevelopment concluded, we have agreed together that the interests of both parties are best served by moving forward. Accordingly, we are today setting aside our claim for expenses associated with the project. We wish New Rochelle’s citizens, elected officials and city staff success as the community continues to pursue its goals at the waterfront.
City officials released this response:
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