Compensation Limited to Value of Uses Permitted By Zoning Ordinance
Matter of Queens West Development Corp.
NYLJ 5/13/16, p. 25, col. 4
AppDiv, Second Dept.
(memorandum opinion)
In a condemnation proceeding, condemnees appealed from Supreme Court's determination that they were entitled to $18,086,658 as just compensation. The Appellate Division affirmed, holding that condemnees had not established that, on the date of condemnation, high-rise residential use was the highest and best use of the condemned property.
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