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PEOPLE EX REL. BELMONT EQUITIES, INC. v. CHAMBERS

277 A.D. 1101 (1950)

The People of the State of New York ex rel. Belmont Equities, Inc., Appellant-Respondent, v. Harry B. Chambers et al., Constituting The Tax Commission of the City of New York, Respondents-Appellants. [261-275 Amsterdam Ave., Borough of Manhattan.]

Appellate Division of the Supreme Court of the State of New York, First Department.

December 12, 1950.

While we find that the total valuation of the property fixed by Special Term is correct, we think the separate valuation of land and building should be fixed as follows:

                               Land          Building              Total

            Lot No. 1         $620,000       $280,000             $900,000
            Lot No. 61         425,000        275,000              700,000
                                            ...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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