The concept of non-financial compensation: What is it, which forms can be distinguished and what can it mean in spatial terms?

Non-financial compensation increasingly receives attention in both planning practice and science across the world. Non-financial compensation exists when a government compensates a person or company with an interest in land for the loss of one or more of his property rights therein by creating a new property right that the can either use or sell...

Strategic urban projects in Amsterdam and New York: Incomplete contracts and good faith in different legal systems

Contracts between local government and private investment agencies play an important role in strategic urban projects. Real estate cycles provide only a narrow window of opportunity within which to draft such contracts. A legal system should therefore not impede the possibility of reaching an agreement quickly; instead, it should facilitate...