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Pustilnikov, Redondo Beach settle one waterfront case; five pending
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Pustilnikov, Redondo Beach settle one waterfront case; five pending
by Garth Meyer One of six lawsuits from the AES power plant site owners against the city was settled March 30, Leo Pustilnikov agreeing to dismiss claims that Redondo Beach engaged in a multi-year scheme to prevent development of the property. Pustilnikov, and fellow developer Ely Dromy, filed the suit three years ago saying the city tried to “zone out of existence any economically viable alternative use” for the 51-acre lot. The $120 million su…
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