Good for River Forest village officials for their rapid pushback against an annoying lawsuit filed by the failed developers of the vacant parcel at Lake and Lathrop.
The LLC behind that chronically stalled project missed both their contractual deadlines on the umpteenth extension granted by River Forest’s village board and found their bank loan foreclosed on by Wintrust Bank.
Rather than facing the reality that it had botched this project over and again, Sedgwick Properties, the agent of the LLC, instead filed suit against the village over its refusal to issue new building permits.
A fully preposterous request from a developer terminally unable to make what should have been a slam dunk project happen years ago. They had the best site for luxury housing in the village, at one point they claimed they had presold half the units, and they had an overly generous village which gave them repeated do-overs.
So yes, River Forest must push to have this case dismissed so that the court-appointed receiver can move ahead with the sale of this sought-after parcel.