Make pizza not profit. From www.washingtonpost.com
The same day that The Times reported on Mayor Bloomberg’s stalwart defense of eminent domain, The Washington Post carried a tale of an architect who refused to sell a house he owned in the northwest quadrant of the nation’s capital to office and condo developers. So what happened? Is the neighborhood still a “stretch of decrepit lots claimed by the homeless, vacant houses and prostitutes” like the Mayor believes that Times Square would be had the state not intervened?
No. In Washington (which, interestingly, set a Supreme Court precedent for eminent domain for private development ), the developers just developed around him.
What the owner, Austin Spriggs, may do with his property, though, may not be much different. He has applied for a Ledo Pizza franchise.