Can the Power of Eminent Domain be Used to Address the Urban Foreclosure Crisis?

By on May 28th, 2014

Posted in Condemnation, Stark Events, Stark News

Timothy Duggan Esq., Shareholder and Chair of the Stark & Stark’s Eminent Domain Group, was a featured guest on the newest episode of NJTV’s Due Process titled “Foreclosures: A New Way Out?”

Mr. Duggan was joined by Irvington Mayor Wayne Smith and Rutgers Law Dean Ron Chen to discuss the use of the power of eminent domain to acquire underwater mortgages as a way to address the urban foreclosure crisis. Mayor Smith seeks to make Irvington, New Jersey “the second municipality in the country to buy up underwater mortgages to keep residents in their homes.”

You can watch the full episode by clicking here.

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