A unanimous NY State Court of Appeals held that Columbia University was entitled to take a number of properties in West Harlem by eminent domain, reversing the decision of the Appellate Division, First Department. The lower court decision had distinguished the Court of Appeals ruling in the recent Atlantic Yards case, but the Court of Appeals remained consistent in its application of the law, in spite of the factual differences between the two cases. This sets a potentially dangerous precedent, as it allows a private institution to take private property under the guise of it being for the benefit of the public at large. Here is the link to the NY Times story about the decision:
Sidebar, Your Honor
Timely Articles
- 10 Estate Planning Myths & Solutions
- Wendy Cohen joins as Of Counsel focusing on Estate Planning
- NEW: My Advice about New Construction Condos published in CityRealty
- NYSBA Article about revised form Co-op Contract
- Top Questions about Buying/Selling an Apartment or House in NY
- I’m presenting a CE for Brokers on 7/30/2020
- Top Ten Questions Clients Ask When Buying/Selling an Apartment or House in NY
- Changes to NY State Transfer Taxes for Luxury Apartments
- I’ll be a panelist at the NYC Real Estate Forum
- Featured in Morgan Stanley’s Playbook: A Millennial’s Guide to Life & Money
- Navigating the Purchase of a Combined Apartment
- New Condo Contract in NY Real Property Journal
- Condos and Coops: To Inspect or Not to Inspect
- Tenants Caught Between a Commercial Leasing Rock and a Hard Place.
- You’re pre-approved for a loan. But is your future home?