Crain’s Chicago Business

After making peace with the city, General Iron Industries now faces a fight with a neighbor.

A local real estate investor that owns several retail properties near the metal recycler’s notoriously gritty scrapyard on the North Branch of the Chicago River alleges in a lawsuit that the exit plan announced last month by Mayor Lori Lightfoot’s administration allows the company to wreak environmental havoc on the neighborhood through the end of 2020 and is harming local business in the meantime.

The complaint, filed this week in Cook County Circuit Court on behalf of a venture led by Chicago real estate investor Kenneth Skolnik, seeks a court order that the city rescind General Iron’s operating permits for the facility at 1909 N. Clifton Ave.

Read full article at Crain’s Chicago Business.