White Plains CitizeNetReporter - City Hall Denies JPI In Process of Selling 300 Mamaroneck Property.

WPCNR Evening City Star Reporter. By John F. Bailey. August 15, 2002: George Gretsas, Executive Officer for the City of White Plains, denied today that JPI, developers of The Jefferson at White Plains was in the process of “shopping the property” as has been rumored about the city in recent weeks by Highlands residents.

Gretsas maintained that JPI has told the city the property is not for sale and that they were still in the process of selecting a new general contractor. He said that JPI had assured the city that as soon as a new contractor was signed, the project which has not seen any activity for approximately three months, would resume.

Rumors of the creation of a second “hole-in-the-ground” at 300 Mamaroneck Avenue as a result of JPI’s dispute with their former contractor, were discounted by city hall sources, as were other rumors that height was being added to the project, and that there were natural geological factors(rocky subsurface) necessitating a change in the design of the project.

A city hall source, speaking on condition of anonymity, said that it was their understanding that JPI had invested too much money in the project to pull out of the endeavor at this point, and were committed to the apartment complex.

Paul Crisalli, local spokesman for JPI, was contacted for confirmation of JPI's intentions, but as of Thursday evening, had not contacted WPCNR.


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