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December 16, 2005

Groups align against land bill

Crain's
by Anne Michaud

Major business groups and lobbyists for the city and state are mounting a campaign to block federal legislation to curtail the use of of eminent domain.

The Senate is expected to consider a House bill early next year that would eliminate the ability of local governments to take private land for economic development.
...
As it stands, the legislation threatens the Atlantic Yards sports arena and residential project slated for downtown Brooklyn, where a handful of residents and property owners are expected to refuse to sell their properties to developer Bruce Ratner.

"If that bill passes, it's a disaster," Mr. Ratner says.

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Posted by lumi at December 16, 2005 8:38 AM