New York Mortgage Information

The subject of eminent domain always seems to be controversial and usually leads to large expenses for taxpayers and long drawn out legal battles.  According to New York Legal Translation workers, a ruling made by the New York top court this week that will force homeowners to sell their properties to the state.  The land that these homes sit on is the site for a new Brooklyn development that will include a new arena and convention center that will house the New Jersey Nets.  During the courtroom proceedings, a group of tenants and property owners unsuccessfully argued that the seizure is unconstitutional.