Salt Point Timber v. Commissioner

U.S. Tax Court, 2017 TC Memo 245, December 11, 2017: Easement not deductible because holders not limited to “qualified organizations”.

Salt Point Timber granted the Lord Berkeley Conservation Trust a conservation easement for which Salt Point Timber received some payment but claimed a $2,130,000 deduction for the charitable contribution of the value of the easement in excess [...]

Save America’s Clocks v. New York

App Div of the NY Supreme Court, 1st Department, 101109/15, 3422, November 30, 2017: NYC interior landmark designation allows Landmarks Preservation Comm. to reject interior alterations and require public access.

The court held that the New York City Landmarks Preservation Commission (LPC) has the power under the City’s Landmarks Preservation and Historic Districts Law (Administrative Code of [...]

City of Sidney v. Spring Creek Corporation

Court of Appeals of Ohio, Third District, Shelby County, No. 17-17-07, December 4, 2017: Easement not a valid Ohio conservation easement.

The City of Sidney (“Sidney”) began an eminent domain action against Washington Township (“the Township”) and Spring Creek Corporation (“Spring Creek”) for land owned by Spring Creek that sit above part of a large aquifer which [...]