Sentences with phrase «via eminent domain»

Section 1033 of the Internal Revenue Code («1033 Exchange») provides that real property that is or will be the subject of a compulsory or involuntary conversion either from condemnation via an eminent domain proceeding by local, state or Federal government, in whole or in part, can be exchanged by you on a tax - deferred basis for «like - kind» real property that is similar or related in service or use to the property that was involuntarily converted.

When Atlantic Yards was announced in 2003, it was made clear that property within its perimeters would ultimately be acquired via eminent domain, under the aegis of New York State's powerful and quasi-public Empire State Development Corporation.

The Cuomo administration floated the idea of taking over the FitzPatrick Nuclear Plant via eminent domain, which helped un-stick a stalemate in negotiations over its sale.

The Transcontinental Gas Pipe Line which owns Williams Partners is seeking an injunction to take the land via eminent domain.