« Harlem residents express concern over rapid growth | Main | Rival elbowing in on Ratner »
March 3, 2005
Thinking about Eminent Domain
The Manhattan Institute
Center for Rethinking Development
by Senior Fellow Julia Vitullo-Martin
The track record of NYC's increasing reliance on eminent domain to condemn land for private development is worse than supporters will admit. Often paired with more government subsidies, sometimes the unintended consequences are depressed real estate prices and more blight. Will Kelo v. New London have any effect?
Posted by lumi at March 3, 2005 8:11 AM