This isn't the first lawsuit relating to the project. In 2014, a group of co-developers had tried, albeit unsuccessfully, to wrest control of the project from current lead developer Kevin E. Parker. This lawsuit will further delay the redevelopment.
In this week's edition of Curbed Comparisons, we're looking at apartments asking around $1,900 in Bronx neighborhoods like Port Morris, Spuyten Duyvil, and Kingsbridge Heights. Which one would you choose? Cast your vote!
Squabbles between the state and the developers on one side, and the city on the other, has prevented the project from moving forward. The development firm has until April 25 to secure the requisite funds amounting to $158 million.