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· 6/13/1978

Matter of Urban Renewal [Patchen Post]

Citations

  • 45 N.Y.2d 1
  • 379 N.E.2d 169
  • 407 N.Y.S.2d 641
  • 1978 N.Y. LEXIS 2065

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • noting that in a taking, an owner is ordinarily compensated for the amount that “it can reasonably be anticipated a prudent buyer would be willing to pay in an open market”
  • compensation for government taking of “specialty” property, which might be worth to its owner “everything it cost to construct and more” yet lacks a buyer “willing to purchase it even at its reproduction value”
  • compensation for government taking of 2 “specialty” property, which might be worth to its owner “everything it cost to 3 construct and more” yet lacks a buyer “willing to purchase it even at its 4 reproduction value”

Source: CourtListener parenthetical corpus (CC0).

Judges: Fuchsberg

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.