AvalonBay and Princeton have entered into a settlement that will suspend AvalonBay’s litigation that had threatened to see the two sides square off in Mercer County Court at the end of April. The court case related to the Princeton Planning Board’s decision to reject AvalonBay’s redevelopment plan for the former Princeton University Medical Center site on Witherspoon Street. We are relieved that a costly court battle has been avoided, but we can’t help wondering: what made AvalonBay decide to give up on the court fight at such a late stage? Continue reading
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