Category: Eminent domain

Eminent domain, collective failure: Part 2, the company loses

20 November, 2009 (12:34) | Eminent domain, Kelo, Speculation | No comments

[Continued from yesterday's Part 1.]
 
By: David A. Smith
 
Yesterday we encountered sad New London, Connecticut, whose expansionist dream has died with Pfizer’s announcement it is closing its plant and moving the jobs to nearby Groton.  Some, like The Washington Examiner, see in this a redemptive tale of brave and plucky small property owners standing athwart the [...]

Eminent domain, collective failure: Part 1, the city loses

19 November, 2009 (11:36) | Eminent domain, Kelo, Speculation | No comments

By: David A. Smith
 
The soaring plans for New London’s revitalization finally died last week [November 11, 2009 – Ed.], and in failure’s aftermath the opponents of eminent domain for economic development (ED4ED) cannot resist gloating, as illustrated by this story in The Washington Examiner:
 
Pfizer deserts its monument to corporate welfare
 
No spin there, surely.
 

The little house [...]

Nobody home?

27 August, 2009 (10:00) | Compulsory purchase, Eminent domain, Local issues, London, Real estate taxes, Rental, Speculation | No comments

Why would you buy an expensive home in a tony London neighborhood and then leave it empty?
 

Vacancies even in my tony neighborhood?
That concerns me.
 
Leave it to the Wall Street Journal to peep through Mayfair’s lace curtains:
 
LONDON — At an abandoned home with yellowing newspapers on its front stoop, Paul Palmer peeks through a mail slot [...]

Condo-ing mobile home parks: Part 3, who decides?

13 August, 2009 (14:04) | California, Eminent domain, Local issues, Mobile homes, Tenure, US News | No comments

[Continued from yesterday's part 2 and the previous Part1.]
 
Two days ago, we looked at Santa Rosa’s Country Mobile Home Park, whose owner wants to condo the land (at least as reported in the San Francisco Chronicle; the owner wouldn’t talk to the newspaper), and yesterday we saw that in a forced condo conversion, land value [...]

Condo-ing mobile home parks: Part 2, at what price?

12 August, 2009 (10:29) | California, Eminent domain, Local issues, Mobile homes, Tenure, US News | No comments

[Continued from yesterday's Part 1.]

Yesterday we encountered Country Mobile Home Park, an estate in Santa Rosa whose park owner is adamant about converting the land to condominiums, and selling the individual plots to those whose homes rest atop those plots.

Plots? I love plots!

[Editorial note: park owners persist in calling the land 'spaces', [...]