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Proposed New Rochelle gateway hotel mired in litigation and bankruptcy

The developer badly needs Chapter 11 relief, manager Jonathan Sacks states in an affidavit, “to put the … project back on the correct footing.”

New Rochelle advances plans for $64M gateway hotel along I-95

“When this happens, it will be completely transformative," Luiz Aragon, commissioner of development said. "It will change how people perceive our city.”