I would like to have seen this project go forward. I know that there are people who have been ruined financially. However, I could not support taking the land by force and turning it over to a private developer. That being said, Mr. Ho has as much right to buy and sell at a profit as anyone else. However, he is unlikely to get a better deal than the city offered anytime soon.
The court found that the City actively interfered with his ownership by first getting the property declared a wetland (or similar protected status) by the State when previously it had not been listed as such, and then proposed modest relief of buying it from him at a price similar to what he paid but one twentieth of its current market value as development property.
I have a friend that lives in a housing development there that I understand is on the ocean side of the highway and this is on the non-ocean side of the same highway.