Wednesday, October 14

Neighborhood News (for me):

"New York's highest court is set to hear arguments Wednesday in a case that will decide whether the state government can lawfully seize private property for a development company.

The case pits the New York State Urban Development Corp., a government agency, against nearly a dozen land owners who say the state constitution bars the government from stripping the rights of private parties to benefit a developer that aims to build a new arena for the New Jersey Nets basketball team. The developer, Forest City Ratner Cos., is currently one of the owners of the Nets."

Yes, it's still an open question in New York and many states on whether you can be forced from your home so your land and property can be turned over to someone with more money.

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