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Developers Threaten $50 Million Lawsuit Against Mount Kisco

A $50 million lawsuit is being threatened against the Village of Mount Kisco
A $50 million lawsuit is being threatened against the Village of Mount Kisco Photo Credit: File

MOUNT KISCO, N.Y. -- A dispute involving the development of senior housing in Mount Kisco, has one side threatening a $50 million lawsuit against the village.

HFZ Capital, the firm looking to build 129 units of senior housing on Kisco Avenue, is frustrated a contract has not been signed given them the option of buying the 17.7 acres from the town for $4 million.

The village unanimously approved the option at the March 13 board meeting.

Robert Mishkin, a partner at HFZ Capital, e-mailed the village and said they would be filing litigation in federal court reopening theĀ Federal Fair Housing Case and Settlement and Westchester County Supreme Court against the Village of Mount Kisco, according to The Examiner . A notice of claim has yet to be filed, according to The Examiner .

Mishkin said the village would be violating federal housing laws by blocking seniors with disabilities from living in Mount Kisco, according to The Examiner .

Whitney Singleton, attorney for the Village of Mount Kisco, said the lawsuit would have no merit and the developer has not received any third party approvals for the project, according to The Examiner .

To read The Examiner story, click here .

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