Another Lowball

A Medford, Massachusetts, jury awarded $3,625,000 in a condemnation action in which the condemnor offered $280,000. The jury award drew interest at $400,000, for a total award of $4,025,000, which comes to about thirteen times the offer or almost fifteen times if you add the interest.

For details of the story as reported in the local press see

http://www.wickedlocal.com/medford/news/x592696072/Verdict-upheld-in-4-million-Medford-eminent-domain-case