In a 6-1 ruling, the New York State Court of Appeals Tuesday approved a measure supporting eminent domain that will essentially allow developers to build a new redevelopment complex in Brooklyn that is slated to be the new home of the New Jersey Nets. The 22-acre Atlantic Yards property is being developed by Forest City Ratner Cos. for about $5 billion, and project is also expected to include apartments and office towers, according to The Wall Street Journal. The ruling is similar to a 2005 U.S. Supreme Court decision that also upheld government’s ability to seize private property.
New Jersey Nets clear court hurdle for Brooklyn move
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