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Francis, Leslie | Penn Central Transportation Company v. New York City: easy taking-clause cases make uncertain Law. | In Penn Central Transportation Company v. New York City, the Supreme Court held that New York City's Landmarks Preservation Law as applied to Grand Central Terminal was not a "taking" of property for which compensation is constitutionally required. The decision has been hailed as a major victory for... | Law; Compensation; Property Rights; Landmarks Preservation Law; Supreme Court Rulings | 2006-06-16 |
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