New York City Planning Director Carl Weisbrod recently stated that the City's redevelopment plans won’t involve the use of eminent domain to acquire property. The planning priorities include building more affordable housing and rezoning a five-block stretch of midtown Manhattan adjacent to Grand Central Terminal. “I don’t see us using eminent domain in a broad way,” Weisbrod told a real estate conference hosted by Crain’s New York Business. “I don’t believe that it’s going to be in our toolbox.”
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