Search
 

Condemnation Shock Can Be Minimized

NEWARK-Creativity and awareness can ease much of the pain associated with the condemnation process, a panel says. However, "Even when it's good, it's brutal."

By Sean Ryan | Updated on September 16, 2005

Sean Ryan is associate editor of Real Estate New Jersey .

NEWARK-Successes and failures of the condemnation process were examined at a special panel brought together at the Newark Club by the New Jersey chapter of the National Association of Industrial and Office Properties. Christopher Paladino, president of the not-for-profit New Brunswick Development Corp., says Devco works on a case-by-case basis to minimize relocation–often giving people a better setup at the end of the project.

Devco shut a pizza parlor down for two years, but reopened it at the base of a complex housing 650 Rutgers students. A sandwich shop operator went from renting retail space in a redevelopment area to owning a building four blocks away, becoming landlord to the residential units above. An Ethiopian restaurant moved just across the street, its previous spot now home to an office. Paladino admits that the condemnation process is hard-hitting for the displaced. “Even when it’s good, it’s brutal.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.