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Wednesday 7 December 2022
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COR Sues City, After City Refuses to Sell Final Piece of Harbor Land

By Staff

 

Syracuse Inner Harbor Project, Photo: QPK Design

Syracuse Inner Harbor Project, Photo: QPK Design

COR Development Co., the company that is behind Syracuse’s $342 million inner harbor development project, is reportedly suing the city over its refusal to sell the fifth and final piece of harbor land.

Following a dispute that dates back to December of 2015 in which Mayor Stephanie Miner filed a lawsuit against the developer for deliberately seeking tax breaks from the county after allegedly agreeing it would not, the city has refused to sell the company the last piece of land to finish the project.

According to Syracuse.com, COR filed a lawsuit Friday claiming the city has reneged on its 2012 agreement to sell the company the remaining piece of land to build both retail and office space.

Reportedly, the city has refused to sell the land to COR due to an appeal the city filed regarding its initial lawsuit against the company, which a judge dismissed in February.

“Even following this string of court losses, the city stubbornly persists in attempting to frustrate Cor’s redevelopment of the Inner Harbor,” the company stated. “In this latest volley, the city is baselessly refusing to close on the last remaining parcel that it agreed to transfer to Cor under the disposition agreement, in flagrant breach of that agreement, and in violation of its contractual promises to Cor.”

COR said it planned to use part of the office space to house its new headquarters.

According to reports, the city has not yet commented on the lawsuit.

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