NJ Jury Puts $26M Price Tag On Land In Development Battle
By Law360 Staff ( September 15, 2024, 11:10 AM EDT) -- A New Jersey federal jury found that the owner of a 22-acre former Michelin Tire & Rubber Co. factory at the heart of a land-taking battle should get $25.6 million from a borough redevelopment agency that argued the parcel would fetch less than a third of that figure on the market....
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