Minnesota Airport Disaster (A Financial Disaster, That Is)
Update #2 (April 5, 2011): DeCook v. Rochester International Airport Joint Zoning Board, a Minnesota Supreme Court decision issued last week, represents a sonic boom that may shake and rattle Minnesota Airport commissions and municipalities for some time to come (previous related posts, after the jump). A $170,000 diminution in value in a piece of property near an airport — that is, a 3.5%-6.4% diminution in value — was held by the… Continue reading