San Francisco's 99-year-old, historic Hugo Hotel, famed for furniture hanging off its outside walls, has been acquired by eminent domain by the San Francisco Redevelopment Agency.
Kaleene Kenning's October 3, 2009 article, "Furniture on the Outside," explains that the historic site was purchased by the Patels in 1964 for $400,000, but when the Redevelopment Agency came knocking, they wouldn't sell for less than $7 million. The Redevelopment Agency's $3.25 million offer was not accepted and an eminent domain action was filed. The owners were eventually awarded $4.6 million for the property.
Kenning reports that:
the historic site is slated to be demolished and replaced with low-cost housing units with stores at street level.
PartnerBrad Kuhn, chair of Nossaman's Eminent Domain & Inverse Condemnation Group, is a nationally-recognized leader in the areas of eminent domain/inverse condemnation, land use/zoning and other property and business disputes. Brad ...
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