Scott Mollen discusses “Amtrak v. 78,441 Square Feet More or Less of Land & Improvements,” “BEC Continuum Owner LLC v. Foster,” and “Wells Fargo Bank, N.A. v. 24 W. 57 APF.”
March 19, 2024 at 12:53 PM
10 minute read
The plaintiff (Amtrak) acquired property pursuant to its powers of eminent domain pursuant to 49 U.S.C. §24311(a)(1).
The salient issue was “whether the calculation of just compensation should consider the effect of the COVID-19 pandemic on the New York real estate market as of the vesting date.”
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Scott Mollen
