In the News

Eminent Domain Ruling Draws Reaction

GlobeSt.com

June 15, 2007

Kevin Moore was interviewed for the June 15, 2007 GlobeSt.com article about the New Jersey Supreme Court’s decision to limit towns’ eminent domain powers. “The Court's decision puts developers in a brave new world,” says Moore. “Developers would be well-advised to do enhanced due diligence on procedural and substantive actions that a municipality took to declare an area ‘in need of redevelopment’ before they enter into redeveloper agreements.” He continues, “The potentially most far-reaching and disturbing aspect of the decision is the Court’s narrowing of the constitutional definition of blight. If the Court or lower courts apply this interpretation to the other redevelopment criteria in the future, there may be a substantial contraction in areas in which eminent domain, long-term tax exemptions and redevelopment area bond financing are available.”