Amtrak has filed a complaint in the District Court for the District of Columbia to apply eminent domain to seize control of Union Station in Washington, D.C., The Washington Post reports.

The historically landmarked station, owned by the United States, is leased and operated by other entities, the biggest of which is Union Station Investco LLC (USI), whose rights through holding company Ashkenazy Acquisition Corp., extend through 2084. Amrak leases only 13.4% of the station from USI for its railroad operations.

Amtrak tried, unsuccessfully, to purchase its leasing rights from USI on April 6 for $250 million, with a deadline of April 13 for a response from USI…. (Excerpt from Newsmax)

Share

Click below to share this with others

Log in to Join the Conversation

Log in to your IFA account to start a discussion, comment, pray, and interact with our community.