Penn Central Transportation Company v. New York City
The Owner of Grand Central Terminal in NYC wanted to construct a 55 story tower on top of the terminal, which is a landmarked building. The local historic preservation office did not approve this, deciding that it would be incompatible with the historic features of the building. The Supreme Court ruled that preventing the construction was a reasonable restriction that was substantially related to the welfare of the city and did not constitute a complete taking since the city never said that no building could be built in the future.
Provides the opinion, oral argument, and opinion announcement.