Philadelphia Condemns Artist’s Studio to Put Up a Parking Lot

If you are a property owner the words “eminent domain” should strike terror in your soul.  Local artist, James Dupree, is having his studio taken by the city of Philadelphia for less than a third of its asking price. Ilya Somin (who runs a great blog called The Volokh Conspiracy) described it as “one of the many economic development takings that destroy more economic value than they create“. Since the city was using a loophole in Pennsylvania’s version of eminent domain, there is a chance that Mr. Dupree can prevail in this matter. I wish him the best of luck….

Dupree Studios

Source: http://www.volokh.com/2013/12/07/philadelphia-condemns-artists-studio-build-supermarket-parking-lot/

Advertisements