September 23, 2009
EMINENT DOMAINIA: The Big Apple Bites!
For all we know, Mikhail Prokhorov is a nice, upstanding guy who used his smarts, financial acumen, fair dealing and good luck to amass a fortune worth billions in precious metals. And we're quite sure we'd prefer just about anyone to Bruce Ratner.
But we do have to ask: is New York State really going to exercise its power of eminent domain for the primary benefit of Russia's richest man?
Posted by eric at September 23, 2009 3:00 PM