In New York City, just a few blocks from Times Square, New York State has forced a man to sell a corner that his family owned for more than 100 years. And what's going up instead? A courthouse? A school? Nope. The new headquarters of The New York Times.No wonder they think taxpayers should be coerced into providing health care.Kelo-amendment
The world's most prestigious newspaper wants to build a new home on that block, but Stratford Wallace and the block's other property owners didn't want to sell. Wallace told 60 Minutes that the newspaper never tried to negotiate with him. Instead, The Times teamed up with a major real estate developer, and together they convinced New York State to use eminent domain to force Wallace out. How? By declaring the block blighted.
Friday, June 24, 2005
More on the New York Times and Kelo
When the New York Times wants a property they might not want to go through the normal process to get it.As 60 minutes reported: