Trade fixtures claims denied

Owners sought compensation for fixtures that were inconsistent with highest and best use of properties. The City acquired two parcels of land for its West Bushwick Urban Renewal project in Brooklyn. Each property owner sought compensation for trade fixtures, which primarily consisted of fencing, gating, paving, curb cuts, and a sidewalk for a parking lot. The City offered the owners an advance payment for the trade fixtures, but noted that if the land were to … <Read More>