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This document is a court opinion from the United States Court of Appeals for the Second Circuit regarding a lawsuit brought by two real estate development companies, Park Avenue Tower Associates and 40 Eastco, against the City of New York. The developers alleged that zoning changes enacted by the city that lowered the maximum allowable floor area ratio (FAR) for proposed buildings on their properties constituted a regulatory taking under the U.S. Constitution. The district court granted summary judgment for

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