A city rezoned a twenty-acre industrial parcel after discovering that ten acres contained wetlands and another six ac...
...y showed possible wetlands, but before the final habitat study. The rezoning reduced the parcel's market value by about seventy percent. The owner sues, claiming a taking because most of the land can no longer be develop...
Citations: Penn Central Transportation Co. v. New York City, Lucas v. South Carolina Coastal Council, Murr v. Wisconsin, Lingle v. Chevron U.S.A. Inc.