He was paid $140,000.00, which was less than his tax assessment.
They did a curbside assessment.
--- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> wrote:
>
> --- In AsburyPark@yahoogroups.com, jerseykev@ wrote:
> >
> > Letters
> > May 17, 2007
> > Public advocate should vet all property takings
> > Ronald Chen, public advocate, a good man by the way, wants to
put a
> face on
> > what eminent domain abuse has done to folks in New Jersey.
> > He really doesn't have to look far. Long Branch took 47 Cooper
Ave. in
> > November 2002. The home belonged to Bruce MacCloud where he lived
> 300 feet from
> > the ocean for over 20 years. He did not want to move, he was not
> cooperative
> > with the taking, and as a result was forcibly removed by Long
> Branch police.
> > Two months later his house was demolished, and today there are
> > million-dollar condos on his 10,000 square feet of land.
> > What makes this so horrible is almost five years later, Mr. Mac
> Cloud is
> > still homeless, because the compensation courts have yet to have
> his trial.
>
> But I assume he has been paid the "advance payment" of their highest
> appraisal? What's the statutory interest in NJ?
>
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