Local TREND. Anatomy of an Economic Development Plan with Eminent Domain. Who. Where. What.

Who: Amazon Headquarters 2

Where: New York

What: New York City officials and New York State officials pitch to lure Amazon included the use of eminent domain for prime real estate

What specific eminent domain offers were made?

  • “Subject to public approvals, ESD is empowered to acquire, encumber and dispose of any real property interest, including through eminent domain,”
  • ““ESD can also override local zoning, offer tax subsidies while holding title to a property, and provide lower-cost financing or grants to economic development projects.”

Wall Street Journal | New York Touted Real Estate, Eminent Domain in Bid for Amazon

Newsweek | AMAZON NEW YORK DEAL: ALEXANDRIA OCASIO-CORTEZ BLASTS OFFICIALS FOR OFFERING 3 WORLD TRADE, FARLEY POST OFFICE BUILDING