November 25, 2024 | New York Law Journal
Trade Fixtures in New York Eminent Domain Cases—What Qualifies and How Are They Valued?The author states "New York courts have consistently held that the proper method of valuation for trade fixtures is reproduction cost less depreciation. This means that each fixture item is valued based on the cost of reproducing that item as of the time of the eminent domain seizure, less the depreciation of such item, to arrive at its sound value."
By Jennifer Polovetsky
10 minute read
September 06, 2024 | New York Law Journal
Is Judicial Deference to Government Agency Decisions in Eminent Domain Cases at Risk?"What does 'Chevron' being overruled mean with respect to the courts deferring to a government agency's determination that an eminent domain property acquisition qualifies as a 'public use'?" writes Jennifer Polovetsky of Duane Morris.
By Jennifer Polovetsky
6 minute read
June 21, 2024 | New York Law Journal
Right of Utilities To Acquire Real Property via Eminent Domain in New YorkIt is a little-known fact that, in New York, electric and gas corporations may acquire property via eminent domain if said property is necessary for its corporate purposes. Eminent domain is an awesome power that is usually reserved for the government. However, New York state has long granted this same eminent domain power to utilities as well.
By Jennifer Polovetsky
6 minute read
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