Real Estate Advisor Law Blog

Real Estate Advisor Law Blog

Tag Archives: Kelo

Supreme Court Rules Beach Additions Not Compensable Takings

Posted in Environmental Issues, General Legal Issues, Litigation Issues, Retail Industry Issues
Truckloads of sand will begin cascading across hurricane-battered beaches along the Destin and Walton County shorelines, thanks to a recent 8-0 decision by the Supreme Court. Coastal homeowners originally sued Florida arguing that the Beach Erosion Control Program (BECP) would cause the value of their homes to decline, turning their “oceanfront” property into “ocean view”… Continue Reading

KELO REVISITED

Posted in Development, Development Issues, Legislative Update, Retail Industry Issues
  In 2005 the United States Supreme Court in Kelo v. City of New London upheld the actions of the City of New London, Connecticut (the “City”) in forming a non-profit corporation to redevelop the Fort Trumbull area of the City. In order to capitalize on Pfizer, Inc.’s (“Pfizer”) private development of an adjacent research facility,… Continue Reading
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