Court of Appeals for the Federal Circuit March 31, 2000, No. 99-5030 (Palm Beach Isles Associates v. United States)

PLAGER, Circuit Judge.

This is an inverse condemnation — regulatory taking — case, on appeal from the United States Court of Federal Claims. Palm Beach Isles Associates, Martin Slifka, Marjorie Margolis and Roberta Franklin, and the Estate of Joseph Slifka (collectively “PBIA”) claim that the United States (the “Government”) effected a regulatory taking of their property in Florida when the Army