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November 25, 2009
EMINENT DOMAINIA: Morning after news roundup
El Diario La Prenza NY, Luz verde a Nets y Atlantic Yards
La máxima corte de Nueva York falló ayer que el estado puede usar la expropiación forzosa contra los propietarios de viviendas y negocios para dar paso a un proyecto de desarrollo masivo en Brooklyn que incluye una nueva cancha de juego para los New Jersey Nets.
The Wall St. Journal, Builders Net Win in N.Y. Case
The decision is a blow to private-property owners who have argued that they are defenseless in protecting their ownership rights once a government deems their land necessary for eminent domain, or the "public good." But it boosts developers and government entities in New York that have sought to boost local economies by offering incentives for private developers.
The court's decision echoes one handed down by the U.S. Supreme Court in 2005, when the justices found it was constitutional for a New London, Conn., economic-development corporation to seize private homes and businesses to build a research campus for Pfizer Inc. That decision, Kelo v. City of New London, Conn., set off a firestorm of protest, prompting many lawmakers around the country to amend laws to prevent governments from seizing private land in some cases. New York, however, didn't change its constitution.
The article includes a video interview with Stephen Moore from the Wall Street Journal editorial board, explaining why this decision is "an abuse of what the eminent domain process was supposed to be about."
The Star-Ledger, Politi: Court ruling only beginning of what could be very long goodbye to NJ Nets
If you thought this latest court ruling meant New Jersey could say goodbye to the Nets, once and for all, a few words of advice:
Don’t start waving just yet, unless you really want to strengthen those wrist muscles.
This is going to be a looong goodbye — assuming, of course, this is really the end.
The Bergen Record, O'Connor: Ratner a winner in court, a loser on one
[W]hile he pours a bottle of champagne over his own head and throws himself a ticker-tape parade from the New York State Court of Appeals to the dormant cranes lurking outside Izod Center, [Bruce] Ratner should know something about this endless journey he took to his Brooklyn Shangri-La.
He paid a heavy price. Ratner will be remembered as a dreadful sports owner, a legacy he won’t be able to wipe out through the sobering powers of eminent domain.
Metro NY, Nets arena jumps legal hurdle
HoopsWorld, Ratner Can Move Forward
Posted by lumi at November 25, 2009 5:51 AM