520 E. 81st St. Assocs. v. State
ELR Citation: ELR 20109 No(s). 134 (N.Y. Nov 14, 2002)
The court holds that the proper method of determining just compensation for the state's temporary regulatory taking of 39 apartments requires not only the sale value of the property, but also interest on the sale value. In 1985, the owner of the 39 apartments planned to convert the apartments to con...