1350 Lake Shore Associates v. Randall 

(Court opinion corrected 5/1/10.) Court properly characterized Lake Shore Associates as large entity with substantial profits and assets, which allowed it to easily absorb loss of its pre-development expenditures of $272,022.18. Purchase price of property is a factor that may be considered in determining substantiality, but only those expenditures made in good-faith reliance on prior zoning classification are included in this determination. Because property here was bought 26 years before zoning classification was enacted, its purchase was not in reliance on classification, thus purchase price was properly excluded from consideration. Request for writ of mandamus was properly denied, as Lake Shore Associates' pre-development expenditures were not sufficiently substantial, and it thus had no vested right to develop property per zoning classification.