MATTER OF 666 FIFTH AVE. CORP. v. TAX COMM'N OF THE CITY OF NEW YORK


13 A.D.2d 921 (1961)

In the Matter of 666 Fifth Avenue Corp., Appellant-Respondent, v. Tax Commission of the City of New York, Respondent-Appellant

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

June 13, 1961


Final order, entered on April 22, 1960, reducing assessments for the tax years 1957-1958, 1958-1959, 1959-1960, unanimously reversed, on the law and on the facts, and assessments for said years in the amounts of $8,000,000, $32,000,000 and $32,500,000, respectively, reinstated, with $20 costs and disbursements to respondent-respondent-appellant.

There is ample evidence in the record to show that land values were higher than in the period previously reviewed in

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