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Blue Rio LLC

Real Estate
Lawsuit Dismissed Over $60M Westchester Affordable Housing Development Lawsuit Dismissed Over $60M Westchester Affordable Housing Development
Lawsuit Dismissed Over $60M Westchester Affordable Housing Development The City of Mount Vernon and the developer of a multi-million dollar, 159-unit affordable housing complex have reached a settlement that will clear the way for the La Porte development in the heart of the city. Mount Vernon Mayor Richard Thomas announced the dismissal of a lawsuit by developer Peter Fine of Manhattan-based Blue Rio LLC, who agreed to pay the city $300,000 and issued a public apology to Mount Vernon Mayor Richard Thomas. The lawsuit alleged that the mayor and an unnamed adviser met with Fine in March 2016, but when the adviser was later turned down for a consulting job, the …

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by Zak Failla