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« FASB litigation accounting VI | Around the web, August 13 »

August 12, 2008


"That's Not Blight. It's New Jersey"

Today's Wall Street Journal reports that last Thursday, a three judge panel of the New Jersey Appellate Division "actually sided with ordinary homeowners over a greedy local government and developer:

In their ruling, the judges unanimously reversed a lower-court decision giving the city of Long Branch a green light to pursue its redevelopment plan. That has put a serious crimp into the city's hopes for taking the homes of about a dozen longtime residents -- and turning them over to a developer to put up luxury condos in their place.

Institute for Justice attorneys represented the homeowners in this rebuke to Kelo.

Posted by Peggy Little at 4:43 PM | TrackBack (0)



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