NO. 11 FAILURE
Donald Trump’s Eminent Domain Love Nearly Cost a Widow Her House
By
David Boaz
This article appeared in
The Guardian on August 19, 2015.
Since he shot to the top of the presidential polls, Donald Trump’s serial bankruptcies and bullying nature have made big headlines. But no one seems to have brought up a bullying business practice he’s particularly fond of: eminent domain.
The billionaire mogul-turned-reality TV celebrity, who says he wants to work on behalf of “the silent majority,” has had no compunction about benefiting from the coercive power of the state to kick innocent Americans out of their homes.
For more than 30 years Vera Coking lived in a three-story house just off the Boardwalk in Atlantic City.
Donald Trump built his 22-story Trump Plaza next door. In the mid-1990s Trump wanted to build a limousine parking lot for the hotel, so he bought several nearby properties. But three owners, including the by then elderly and widowed Ms Coking, refused to sell.
As his daughter Ivanka said in introducing him at his campaign announcement, Donald Trump doesn’t take no for an answer.
Trump
turned to a government agency — the Casino Reinvestment Development Authority (CRDA) — to take Coking’s property. CRDA
offeredher $250,000 for the property — one-fourth of what another hotel builder had offered her a decade earlier. When she turned that down, the agency went into court to
claim her property under eminent domain so that Trump could pave it and put up a parking lot.
“Trump has had no compunction about benefiting from the coercive power of the state to kick innocent Americans out of their homes.”
Peter Banin and his brother owned another building on the block. A few months after they
paid $500,000 to purchase the building for a pawn shop, CRDA offered them $174,000 and told them to leave the property. A Russian immigrant, Banin
said: “I knew they could do this in Russia, but not here. I would understand if they needed it for an airport runway, but for a casino?”
Ms Coking and her neighbors spent several years in court, but eventually with the assistance of the Institute for Justice they
won on July 20, 1998. A state judge
rejected the agency’s demand on the narrow grounds that there was no guarantee that Trump would use the land for the specified purpose. “TRUMPED!” blared the front page of the tabloid New York Post..."
Donald Trump's Eminent Domain Love Nearly Cost a Widow Her House
This is a PRIME example of the government's abuse of power & TRUMP lead the charge.