This week was a proud week for Sanchez & Polovetsky PLLC. First we were able to announce that both Jennifer Polovetsky and Philip Sanchez were named to the Super Lawyers list again (that’s 3 years in a row now–we are very honored!).
Then we were able to announce some eminent domain news of own: we successfully doubled the eminent domain award initially offered to our client, a Bronx building owner, in connection with the appropriation of our client’s property by the New York City School Construction Authority (SCA). You can read all about it here.
The SCA case had been pending in Court for approximately 3.5 years before we successfully negotiated a settlement with the SCA that was beneficial to our client. Although the terms of the settlement are confidential, we are able to confirm that the settlement was in an amount that was approximately double the initial eminent domain award offered to the client.
By avoiding a long and drawn out trial of the matter, which was looming, we were able to obtain considerable amounts of money for our client, thereby saving a substantial amount of time and money associated with eminent domain trials. The property, located in the Bronx, was acquired by the SCA through its powers of eminent domain on or about April 1, 2015. The property had been leased by the SCA and used as a school for many years before the eminent domain taking. The SCA intends to continue to use it as a school.
In the end-we made our client whole and saved a lot of time and money. That’s why it’s important to speak with a solid legal team before making any eminent domain decisions.