I think the original intent of this prosecution was solely to get Trump, and nothing else, but it is obvious that over time they will start to see it as a tempting manner of pressuring other real estate developers to do what they want, and would therefore come into more common usage, *IF* they are allowed to get away with this.
Just look at the aftermath of the Kelo v City of New London CT case of eminent domain for "public good" to take private property from one owner and give it to another private owner just to increase the tax base.
In Kelo, SCOTUS approved New London blighting and condemning a suburban bedroom community in order to turn the property over to Pfizer to build a research center.
Immediately after the Kelo ruling, town councils along the south Florida Intracoastal Waterway began condemning the homes of Floridians who had been living there since the 1960s in order to turn the property over to developers of yacht clubs. Quoted one person, "The land was too good for the people who owned it." In Florida, the homeowners banded together and sued to stop the eminent domain seizures.
That's what will happen if this ruling stands. Hochul can say all she wants about it being a one-off, but as soon as cities and towns think they can force wealthy businesses to pay "fines" after completing negotiations where initial offers were deemed to be too high, it will spread everywhere.
-PJ