eminent domain

It’s the fuse that finally burnt out. Electronics chain P.C. Richard & Son is suing Forest City Ratner over the eminent domain condemnation of...

New York City will seize 75,000 square feet of beachfront property in Coney Island as part of an effort to spur long-delayed economic development...

Unlike some of its visitors, city officials have no nostalgia for Coney Island. Now, City Hall wants to bring on the bulldozers.

The city hopes affordable housing and large commercial structures will rise one day on a full block in Harlem now occupied by low buildings,...

The Empire State Development Corporation received the go-ahead yesterday to seize several buildings through eminent domain to make way for a portion of Forest City Ratner’s...

The answer to rescuing New York City homeowners from their underwater mortgages lies in the use of a foreclosure-prevention tool pioneered by President Franklin...

Several East Harlem business owners are ramping up efforts to fight condemnation proceedings that would ultimately lead to their eviction.

The city could soon seize a privately-owned Brooklyn library via eminent domain. The McKinley Park branch of the Brooklyn Public Library at 6802 Fort...

The use of eminent domain to seize debt to help borrowers could lead ratings firm Standard & Poor’s to demand greater protections for investors. Eminent...

After a lengthy eminent domain battle over Queens’ Willets Point, local business owners are still demanding that the city pay their legal fees, which tally...

The general counsel for the Federal Housing Finance Agency has come out against a proposed plan to seize underwater mortgage by eminent domain, the...

Ben Bernanke, Chairman of the Federal Reserve, declined to comment on the controversial plan to use eminent domain law to help underwater homeowners today...

Wall Street’s largest lobbying firm, the Securities Industry and Financial Markets Association, is crying foul at calls for the use of eminent domain laws...

Lowering mortgage balances on a national scale to a level that disincentivizes defaulting on underwater homes would save both banks and homeowners money, while...

Just because the city has scrapped its eminent domain plan for Willets Point, doesn’t mean its fight with neighborhood property owners is over. The...

The Related Companies and the real estate firm controlled by the New York Mets ownership, Sterling Equities, are closing in on a deal to...

Two more holdouts are standing in Bruce Ratner’s way at Atlantic Yards, except in this case, the developer doesn’t want to evict them, he...

Upwards of 50 of protesters gathered outside Columbia University’s employment center yesterday evening, alleging that the university hasn’t lived up to its promise to...

Columbia University A local activist group is planning to gather outside Columbia University’s Morningside Heights campus tomorrow evening to protest the university’s $6.3 billion...

Time is running out for the holdouts in Queens’ Willets Point, where the city is planning to make its first move towards seizing a...