Casino Reinvestment Development Authority v. Hauck

On certification granted, 160 N.J. 476, 734 A.2d 791 (1999), Walter and Virginia Hauck, property owners in Atlantic City, challenge the interest portion of a judgment entered upon a jury verdict in a condemnation action instituted against them by the Casino Reinvestment Development Authority. More particularly, they claim that the trial judge erred in failing to grant' interest as of the date of the valuation of the property and in applying the rate of interest prescribed in Rule 4:42-11. We affirm substantially for the reasons expressed by the Appellate Division in Judge Baime’s opinion…