60 Minutes Focuses On Eminent Domain

Mike Wallace reports on abuses of eminent domain across the U.S., including by the New York Times.

1 minute read

September 29, 2003, 9:00 AM PDT

"Cities across the country have been using eminent domain to force people off their land, so that private developers can build more expensive homes and offices that will pay more in property taxes than the buildings they're replacing. And this isn't happening just in small towns... But now, people who don't want to sell their homes at any price -- just to see their land go to another private owner -- are fighting back. Correspondent Mike Wallace reports... In New York City, just a few blocks from Times Square, New York State has forced a man to sell a corner that his family owned for more than 100 years. And what's going up instead? A courthouse? A school? Nope. The new headquarters of The New York Times."

Thanks to Practice of New Urbanism

FULL STORY: Eminent Domain

Sunday, September 28, 2003 in CBS News

Community / Economic Development United States

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