Real Insight. Real Estate.

Posts Tagged ‘vacant’

A recent Wall Street Journal Article titled Pfizer and Kelo’s Ghost Town reports that Justice Paul Stevens supported the City’s use of eminent domain because:

“The city has carefully formulated a development plan that it believes will provide appreciable benefits to the community, including, but not limited to, new jobs and increased tax revenue.”

So has the City of New London made good on its promises? Not exactly, according to the same article:

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