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The Color of Just Compensation

Fortnightly Magazine - November 15 1995

Authority Trans-Hudson Corp. v. Hudson Rapid Tubes Corp., 20 N.Y.2d 457, 231 N.E.2d 734, 285 N.Y.S.2d 24 (1967), cert. denied, 390 U.S. 1002 (1968).

1 Nichols, Eminent Domain, (Rev. 3d Ed.), vol. 4, Sec. 12.04.

2 U.S. v. Commodities Trading Corp., 339 U.S. 121, 129 (1950).

3 Town of Esopus v. Gordon, 557 N.Y.S.2d 732, 162 A.D.2d 829 (1990).

4 St. Louis Housing Auth. v. Bainter, 297 S.W.2d 529, 534 (Mo.1957).

5 See, City of St. Louis v. Union Quarry & Constr. Co., 394 S.W.2d 300 (Mo.1965), capitalizing income from landfill operations to set value for a condemned landfill, in lieu of relying on comparable sales of nearby residential property, since the business was deemed "inextricably related to and connected with the land."

6 See, e.g., Dept. of Transp. v. Arnold, 268 S.E.2d 775, 154 Ga.App. 502 (1980); Housing Auth. of Newark v. Norfolk Realty Co., 71 N.J. 314 (1976).

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