Where? Jersey City, New Jersey What happened? After $4.2M spent on a local elections, formed a PAC called Keep Our Homes, and this week voters approved short term rental restrictions What’s the background between the city and Airbnb? 2015 they reached an agreement on short term rentals in the city In 2015 there were 300 […]
Monthly Archives: November 2019
New Kid on the Block. Database for Available Property Rights from air rights to mineral rights.
Who: RealX Ventures Inc. What: An online database of available property rights How does it work? Owners list their property rights & offers can be made and accepted through the platform Expansion: other states, timber rights, solar rights Pittsburgh Business Times | Startup takes high-tech approach to a low-tech industry
Update on the Brothel + Water District + Eminent Domain
How much time is too much time to have no enforceable conflict of interest in Nevada? 2 decades What changes are being considered? Part ways with the developer who also employs all the board members of the water district Establish procurement procedures Clear conflicts of Interest Disclosures Nevada Independent | Water district linked to developer […]
Why is Repeal of Statewide Airbnb Law the 1st bill to be filed in this state?
Where: Arizona What: HB 2001 (2020 | AZ) How long has Arizona prohibited AirBnB bans? Since 2016 What arguments are lawmakers in support of the repeal? investment groups are buying properties for short-term rental use “pricing out Arizonans” creating housing shortages neighborhoods are becoming businesses no one intended for this to happen return to local […]
TREND spotting. US Supreme Court. Special Districts and Eminent Domain.
What: the Institute for Justice has asked SCOTUS to review WOODCREST HOMES, INC., v. CAROUSEL FARMS METROPOLITAN DISTRICT, Why? A developer formed a special municipal district, legally under state law, and then exercised eminent domain What’s the private property right at issue? Whether eminent domain can be used by a private entity for the private […]
Anatomy of Private Property Rights Group
Where: Tulsa OK What project served as the catalyst for this private property rights group? A drainage proposal that the group believes disguises a redevelopment plan Private Property Rights Group moniker: Save the Pearl Coalition What end result does the group want? For the project to be prohibited from using eminent domain. Institute for Justice […]
+1 City. No Eminent Domain Resolution
Where: San Antonio TX What: Resolution opposing a pipeline’s use of eminent domain What legislative changes are in the mix? No pipelines over the environmentally sensitive regions Give landowners and communities a stronger voice and more input for pipeline routes Houston Chronicle | San Antonio becomes latest city considering anti-pipeline resolution
Local TREND. Adverse Possession Against City Land.
Where: Pennsylvania What: PA’s Supreme Court ruled that a person may take by adverse possession land that is owned by a city Is there anything unusual about the property? It was taken by eminent domain Nothing was built on the property The City did not maintain the property The Court’s rational: Cities should have ” […]
Lege TREND. Taxing Empty Houses.
Where: Wyoming What legislation? Draft legislation by WY Rep. Yin How is the tax levied? On Property that is vacant 6 months or more per year Flate fee 5% of revenue stays with county 95% goes to the state Property Tax Refund Program Policy Supporting argument: This incentivizes more housing in the community by encouraging […]
Lege TREND. Lessons on How to Balance Eminent Domain and Oil & Gas Industry.
Where: Texas What’s the issue: Senate Committees, Natural Resources and Economic Development Committee and Water and Rural Affairs Committee, will study ” the balance of private property rights and continued improvement in oil and gas infrastructure” What can we expect? Recommendations that “ensure stability between private property owner protections and emergent oil and gas infrastructure.” […]