Archive | Right of First Refusal

MAN WANTS HIS PROPERTY BACK – TOO LATE!

A news story run by CBS News on August 6, 2018 reports that a former owner of land in the Bronx is fighting to get the land back from the City of New York.  The property, a 13,000 square foot parcel on Boston Road, was taken in 1967 apparently for a street widening. He has commenced a lawsuit because nothing was done with the property.  His attorney is hopeful that the City will work something out.  I am less sanguine of the results.  Under New York State Eminent Domain Procedure… read more

Posted in Abandonment, EDPL Sec. 406, Partial Takings, Right of First Refusal
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CONDEMNATION’S MIGHTY HAND

It surprises some that eminent domain in New York can be utilized to acquire property interests other than real estate fee title and trade fixtures.  Section 103(F) of the Eminent Domain Procedure Law (EDPL) defines real property as including “all land and improvements, …all easements and hereditaments, corporeal or incorporeal, and every estate, interest and right, legal or equitable, in lands or water, and right, interest, privilege, easement and franchise relating to the same, including terms for years and liens by way of mortgage or otherwise.” Section 708 of the… read more

Posted in EDPL Section 708, Personal Property, Right of First Refusal
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