master developer. city only exercises its power of eminent domain pursuant to 
contract. master developer pulls trigger, not city to condemn.

whether worth it or not it will give iStar the new Partners some pause and 
maybe grease the wheels to get eminent domain out of the redevelopment


--- In AsburyPark@yahoogroups.com, "rkgsx" <rkgsx@...> wrote:
>
> http://www.app.com/article/20110630/NJNEWS/306300078/Asbury-owners-get-2-8-million-eminent-domain-case
> 
> Who is actually on the hook for this, the city or the master developer?
>




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