Speaking of Imminent Domain, did you see the article in the NY Post today regarding the NY Times?
UNFIT TO PRINT
http://www.nypost.com/postopinion/opedcolumnists/60691.htm
Excerpt:
January 19, 2006 -- IT can't be easy covering commercial real estate for The New York Times. Even the most cautious Times journalist wades into a minefield of issues of mortal importance to the newspaper's bottom line and public image. Those issues all relate to the Times Co.'s own plunge into the real-estate business with developer Bruce Ratner, the Times' partner in its new headquarters under construction on Eighth Avenue between 40th and 41st streets.
A smart Times reporter will try to step between the mines: Avoiding the controversies over the paper's relocation insulates a writer from internal interference and outside scrutiny. Occasionally, however, the Times headquarters project must be part of a story for it to make any sense. When such a story still omits the project, it makes for embarrassing reading. What will Byron Calame, the Times' "Public Editor," make of yesterday's long page C5 story on the nationwide debate over eminent domain ignited by a recent Supreme Court ruling?
"Developers Can't Imagine a World Without Eminent Domain," said the headline. True enough. But it ought to have read, "Times Can't Imagine a World Without Eminent Domain."
(I had a feeling I spelled Eminent wrong. Oh well).
It's just hard for me to believe that when a person owns their own property or business, they still run the risk of losing it to the government. What kind of world are we living in!