Viewing a single comment thread. View all comments

Pool_Shark t1_j9uvxej wrote

Reply to comment by HawtGarbage917 in MSG could force taxpayers to pay $8.6 billion if NYC doesn't renew its permit by HawtGarbage917

I get having to pay for the land but why would the city be on the hook for a new arena?

25

shant_jan t1_j9vprjg wrote

because this is america and we love using tax money to build billionaires stadiums ¯_(ツ)_/¯

30

mojorisin622 t1_j9vubzs wrote

If the city took your house, that you just rebuilt 10 years ago, and was a perfectly fine house, would you sue and make the city build you a new one?

21

Pool_Shark t1_j9xbygp wrote

Yeah and I’d lose

15

mojorisin622 t1_j9xf2ek wrote

That's because you won't have an army of high priced lawyers working on your behalf. You can get away with eminent domain with a regular joe's home, but when you start messing with billion dollar corporations, you're going to lose.

8

Rottimer t1_j9yrss1 wrote

The city granted you a permit to build what you want on this land, but only for X years. You chose to build a house and now want to pretend that the permit wasn't temporary. Everyone will spend money on lawyers, but in the end, you had full knowledge of the situation when building the house.

11

Ame_No_Uzume t1_j9vvzes wrote

Because James Dolan is a whole bag of unholy words.

2

thecarlosdanger1 t1_j9wthz2 wrote

Super simplified version - “just” compensation if you force someone to sell that doesn’t want to includes the best possible value of their land + more to get them their asset back.

2

Pool_Shark t1_j9xc9uv wrote

But that’s not how eminent domain works. It is the gov needs land pays what they claim is fair and good luck

4

Rottimer t1_j9yrkto wrote

It wouldn't. They'll go through litigation and lawyers will make a shit ton of money, but as long as the Mayor doesn't get in the way, in the end the city will not be on the hook for anywhere near that amount. They chose to build that arena knowing they had a temp permit.

1