New Rochelle Balks At Paying $2M Bill For Echo Bay Proposal

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Photo Credit: File

NEW ROCHELLE, N.Y. -- The development company behind the failed Echo Bay proposal is attempting to bill New Rochelle $2 million, but the city is refusing to pay, according to LoHud.com. 

Forest City claims the city owes the money due to the City Council’s refusal to approve a land disposition agreement in November. City officials, on the other hand that the development company invested in the failed project voluntarily, LoHud.com reported. 

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