penn-central-transportation-co-v-new-york-city

Penn Central Transportation Co v New York City

In Penn Central Transportation Co v New York City, 438 US 104 (1978), the U.S. Supreme Court held that New York City’s restrictions on Grand Central Terminal did not amount to a government taking without just compensation in violation of the U.S. Constitution. This term, the justices will reconsider the significance of the decision in Murr v. Wisconsin.