It is hard not to gloat over the aftermath of the Supreme Court’s infamous Kelo decision. As the Wall Street Journal pointed out recently, the city of New London, Connecticut spent $78 million condemning people’s homes and bulldozing them away, and the development that was supposed to happen in that area has flopped and looks like it may never take place. (With the help of many supporters, Kelo’s own home was disassembled and moved to a new location.)
Pfizer, the company whose “world-class” research and development offices were driving New London’s plan for condos and other trendy developments, recently merged with another company and has announced it is moving out of New London. As a result, even after the economy recovers, the development that New London wanted to put on Susette Kelo’s neighborhood will probably never happen.
