NY Homeowner Spent $450k on a Second House for….Storage?

On November 18, 2010, in Blog, Development, Dustin C Jones, Land Use, Municipal Law, National News, Policy, by Karen Keith

Phoenix (November 18, 2010) – A New Yorker’s plans to invest $450,000 to construct a second house on his lot have gone awry due to a recent decision by the New York Federal District Court. We often think that the issuance of a building permits automatically “vests” the development rights associated with that approval. Not the case here.

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