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Archive | 2021

August 19, 2021

Eminent Domain Significant Tool for Municipal Services “Going Concern” Valuation

A news story reports that the owner of White’s Ferry on the Potomac River wants the Loudoun County Board of Supervisors to exercise eminent domain over the private Virginia property where the ferry is docked.  The owner of the Virginia land was not willing to renew the lease. An owner must be aware of the government’s power of eminent domain if their properties are used to provide public services.   Fifth Avenue Coach Lines, Inc. v City of New York, 11 NY2d 342 (1962) is one example.  In Fifth Avenue Coach,… read more

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Posted in Condemnation, Going Concern Valuation, Municipal Services
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August 17, 2021

Now that Andy is Gone, What Happens to his Projects

The Real Deal featured an article that Governor Andrew Cuomo’s resignation leaves an air of uncertainty hanging over several large scale projects significant to the real estate industry. Earlier in the year, the Governor outlined a $306 billion dollar infrastructure spending plan that involved an array of projects across New York. The article focused on three key projects. Empire State Complex The plan called for a $1.3 billion dollar redevelopment and expansion of Pennsylvania Station as well as development of some 20 million square feet of mostly office space around… read more

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Posted in AirTrain, Andrew Cuomo, Empire Station Complex, Infrastructure Plan, Port Authority Bus Terminal
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August 5, 2021

Racism and Eminent Domain

An old case which has sparked national “condemnation” was the 1924 taking of “Bruce’s Beach” in Manhattan Beach, California.  The resort was established by Willa and Charles Bruce in 1912.  It was a destination where black tourists could swim, dance, eat and rest. The City claimed that it needed the property for a public park, but left it undeveloped.  Today it is used to train lifeguards. Manhattan Beach has been grappling with the history of Bruce’s Beach for years. The Los Angeles County Board of Supervisors voted unanimously to begin… read more

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Posted in Eminent Domain, Racism
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August 3, 2021

Holy Mango! Statute That Allows Creditor to Seize Property from Third Party Is a Taking.

Who else but inversecondemnation.com would discuss a case dealing with dried fruit, from Guam no less?  The case is Western Sales Trading Co. v Genpro Int’l, Inc. (Guam), No. CVA 19-023 (July 28, 2021).  The Court held that a Guam statute permitting a judgment creditor to take property from a third party was a taking. Under the statute, a Guam judgment creditor is specifically authorized to file a motion for an order to show cause to compel any person who holds the assets of the judgment debtor to turn over… read more

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Posted in Creditor Turnover, Fifth Amendment, Public Use
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July 29, 2021

South Grand View Development – A Regulatory Taking Case

Eric Bregman, Esq. (www.ericbregman.com), a prominent land use attorney in Long Island’s East End, sent me the decision handed down by the Eleventh Circuit on June 21, 2021, South Grand View Development Company, Inc. v City of Alabaster, Alabama 1F. 4th 1299. The facts are relatively simple.  The plaintiff purchased 547 acres of land in the City of Alabaster for $1.65 million.  The masterplan for development was submitted to and approved by the City.  Most of the development was completed by 2008 but the 142-acre portion of land at issue,… read more

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Posted in Due Process, Just Compensation, Re-zonings
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