Related Cos., the most recent mega-developer to commit to replacing the auto-repair businesses in Willet’s Point with swankier development, has now the mayor’s $3 billion plan to build 5,000 apartments and 680,000 square feet of retail and hotel space, calling it .

Business owners in Willet’s Point were told on May 2 that the to seize the properties using eminent domain.  The City Council will now need to go through the lengthy process of reviewing and approving new plans—a process that could take years.  Unfortunately for business owners, those years will continue to be fraught with threats of eminent domain, since the city refuses to take this abusive power off the table.  But for the time being, these business owners have a break.

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Willets Point, also known as the Iron Triangle, has been abandoned by New York City for decades. The area has no sewers; the streets are crumbling; there are no fire hydrants; no trash removal and no city plows when it snows. Ironically, city officials are now using their own negligence to justify using eminent domain on the businesses and land owners that thrived in the area.

The area that Mayor Bloomberg called “another euphemism for blight” is actually a successful business district with over 225 businesses. Some, like Bono Sawdust Company have been around for over half a century. The company was started in 1933 by Jake Bono’s grandfather, who emigrated from Sicily. “My grandfather helped to build this economy, and he helped build America,” said Jake Bono, now president of Bono Sawdust.

Today, the Iron Triangle still plays a vital role in lifting the lives of those who have recently reached the Land of the Free. Over 1,000 local workers are employed in Willets Point, many of whom are hard working Hispanic immigrants. Willets Point has become a place where newcomers to America can get steady employment and settle into their new lives with the support of the community.

For decades the city neglected the flourishing tax-paying businesses at the Iron Triangle. They refused to invest in infrastructure despite many petitions and complaints. However, now that every single business is on the chopping block, the city has given the go-ahead on a $50 million project to bring working sewers to the neighborhood. According to city officials, it is the first step toward the $3 billion redevelopment project.

With the sewer project in place, and more flexible zoning for the area, the city has already laid the groundwork for development. There is no need to use eminent domain to force businesses out. Once the infrastructure investment is in place and new uses for the land are legally allowed, property prices are sure to go up. However, bureaucrats need not worry: Once landowners are allowed to keep their properties and benefit from its increased value, they have the incentive to either develop the property themselves, or sell it to someone who will.

The city of New York should take the easy, and right, way out: Give up on eminent domain. Scarce taxpayer money is better spent elsewhere, not fighting property owners in court just to benefit a handful of deep-pocketed private developers.

Mississippians have now taken the matter into their own hands, placing eminent domain reform on November’s ballot by way of Initiative 31. Read more about the initiative in State Senator Chris McDaniel’s , which cites IJ’s research on eminent domain.