We had a busy week last week and a proud one too! (Drum roll, please!) Sanchez & Polovetsky is pleased to announce that is has successfully tripled the eminent domain award initially offered to its client, an East Harlem Auto Repair Shop.
For all of those legal scholars and nerds who want the gritty details, you can look it up here: New York County Supreme Court Master Index No. 453233/2015 and Sub-Index No. 450082/2018 (Shlomo, J.)
For the rest of us who what just the exciting details, here goes: Sanchez & Polovetsky filed a claim on behalf of its client, East Side Auto, Inc., in November of 2017. After months of intense negotiations and pre-trial court conferences, the firm was able to obtain a favorable settlement on behalf of the East Harlem Auto Repair Shop on July 10, 2018, less than a year after filing an eminent domain claim for additional compensation in Court.
Although the terms of the settlement are confidential, attorneys at the firm have confirmed that the settlement was in an amount that was approximately three (3) times the amount of the initial eminent domain award offered to its client.
If you have followed our press releases and media coverage on the firm, you will note that Sanchez & Polovetsky places great importance on helping small businesses. Often those small businesses are run by families and without a positive outcome, their lives would be completely changed for the worse, for a very long time, maybe even forever.
This blog post is a good time to note that often eminent domain proceedings take a small business owner by surprise. They often don’t know what to do and might even feel pressured to sign papers that are not necessarily in their best interest. It doesn’t have to be that way, especially if the right help is found as soon as the notice is received. In fact, there have been cases won by Sanchez & Polovetsky that allowed the business to relocate to a bigger and better facility, allowing the business to flourish instead of fail.
“Small businesses are an essential part of the local and national economy. Being able to help this client thrive despite eminent domain proceedings is truly gratifying. We are thrilled about the award and the results we were able to achieve,” says Jennifer Polovetsky, a partner at Sanchez & Polovetsky.
“It is extremely rewarding to help a small business that employs members of the local community. This is yet another example of how a business can fight and win despite eminent domain proceedings,” says Philip Sanchez, a partner at Sanchez & Polovetsky.