After relying on government to seize property for its use,
leading to the Supreme Court battle in Kelo, Pfizer intends
to abandon the town of New London.
Reports the New York Times:
From the edge of the Thames River in New London, Conn., Michael
Cristofaro surveyed the empty acres where his parents'
neighborhood had stood, before it became the crux of an epic
battle over eminent domain.
"Look what they did," Mr. Cristofaro said on Thursday. "They
stole our home for economic development. It was all for
Pfizer, and now
they get up and walk away."
That sentiment has been echoing around New London since Monday,
when Pfizer, the giant drug company, announced it would
leave the city just eight years after its arrival led to a
debate about urban redevelopment that rumbled through the
United
States Supreme Court, and reset the boundaries for
governments to seize private land for commercial use.
Pfizer said it would pull 1,400 jobs out of New London within
two years and move most of them a few miles away to a campus it
owns in Groton, Conn., as a cost-cutting measure. It would
leave behind the city's biggest office complex and an adjacent
swath of barren land that was cleared of dozens of homes to
make room for a hotel, stores and condominiums that were never
built.
Well, easy come, easy go when it comes to politicians grabbing
people's property and money. The good news is
that many states changed their laws after Kelo to
make it harder for government to steal land for private
profit. In that sense Susette Kelo believes that she didn't
lose her home entirely in vain. Reported the
Time: "In all honesty, I'm not happy about what
happened to me," Ms. Kelo said. But, she added, "With 43 states
changing their laws, in that sense I feel we did some good for
people across the country."