How many times is this ancient line of BS going to be posted?
The owner of the boarding house demanded "$4 million clear!" (iow, after taxes; like me, you probably remember the story decades ago on 60 minutes or 20/20 or whatever) for the property, and whomever was building the hotel on the adjacent land said (quite rightly) "that's ridiculous" -- so they built around it, which made her property worth a great deal less, effectively worthless. Her asking price went on a long, slow, downward spiral as she tried to keep operating a boarding house in deep shade. Getting offered $100s of $1000s of dollars for a small parcel to be turned into parking would sound pretty good at some point, but apparently not to her.
No way man! She has the right to stop major upgrades and developments... No, wait, she doesn’t i guess that is why eminent domain laws were enacted. To stop cranks from holding off and blacmailing major developments.