The Real Deal New York

Lawsuit won’t stymie plans for self-storage facility in New Rochelle, developer says

May 31, 2018 03:40PM

A developer with plans to build a self-storage facility in New Rochelle said the project won’t be hindered by a lawsuit filed against its affiliate this past spring. BlackMountain Partners filed plans in March to replace an industrial building at 2 Birch St. with a 1,182-unit self-storage facility, the Westchester County Business Journal reports. But a week after getting city planning board approval at the end of April, the industrial building’s seller said it planned to sue the BlackMountain affiliate that bought the building for BlackMountain over unspecified “goods and merchandise.” BlackMountain’s director of acquisitions, however, said the company “[doesn’t] expect it to hold up development.” [WBJ]