Submitted by HawtGarbage917 t3_11aw5r9 in nyc
LunacyNow t1_j9wmgnt wrote
Reply to comment by ECK-2188 in MSG could force taxpayers to pay $8.6 billion if NYC doesn't renew its permit by HawtGarbage917
A lawsuit would have no standing. MSG owns the property. If this is an eminent domain case then the government would need to compensate the owner when taking the property. Just like if the government takes someone's house to pave a new highway on the parcel of land - the govt HAS TO pay the owner of the house fair market value.
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>It is another word for condemnation - the right of the government to take private property for a public purpose. Various examples would be to make way for a road or public park, or to provide housing for disadvantaged persons. The United States and New York Constitutions require the government to pay you fair compensation if it takes your property.
https://ag.ny.gov/real-property/faqs-about-nys-eminent-domain-procedure-law
ctindel t1_j9wnu60 wrote
Since when has "failing to renew a permit to operate a business" been classified as an eminent domain case? Are there other examples of this in NY case law?
LunacyNow t1_j9wu2qv wrote
The permitting is separate issue allowing them to have more than 2500 patrons in the establishment. It's not clear if they could operate 'normally' w/o that permit, if at all. If the end result of all of this is the state/city gov't forcing a move then this could be eminent domain (thus requiring compensation).
ECK-2188 t1_j9wnbfe wrote
Don’t kill my dream friend
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