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October 17, 2005
Chasing Ground
An alert NLG reader sent in this article in The Sunday NY Times Magazine, pointing out that the development comany, The Toll Brothers, partnered with Forest City Ratner in Bloomfield, NJ, where together they wanted to use eminent domain to displace small businesses to build a mixed-use development, including a Stop & Shop. The small business owners fought back and, at least for the moment, this project has been dubbed Stop & Flop. See: www.njeminentdomain.com
The Sunday NY Times Magazine
When [Bob Toll] hears about good ground in a town with a strong real-estate market and jobs nearby, Toll gets visibly excited. He gently claps his hands together and rubs his palms. Then he will give a green light to lock up the parcel for development. "Now we're cooking," he says. "What's next?"
Posted by lumi at October 17, 2005 8:34 AM