Developer Entitled to Share in Proceeds of Condemnation Sale

摘要

An ongoing 40-year redevelopment agreement vested equitable title in the developer, which was entitled to participate in the proceeds of a condemnation sale, ruled the Pennsylvania Court of Common Pleas, Philadelphia County. (Redevelopment Authority of the City of Philadelphia v. New Eastwick Corporation, Nos. 2087 April Term 2003, Control 102344 Control 102318, 2005 WL 705976 (Pa. Comm. Pl.), March 23, 2005).