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MATTER OF FIFTH AVE. & 59TH CORP. v. TAX COMM'N OF THE CITY OF NEW YORK

19 A.D.2d 525 (1963)

In the Matter of Fifth Ave. & 59th Corporation, Respondent, v. Tax Commission of the City of New York et al., Appellants

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

May 21, 1963

Order, entered on June 8, 1961, reducing tax assessments for the tax years 1955-56 to 1960-61, inclusive, unanimously reversed on the law and on the facts, with $20 costs and disbursements to appellants, and assessments reinstated.

The property involved is the Sherry-Netherland Hotel located at 59th Street and Fifth Avenue. It was assessed at $3,900,000 for all except the last year under review, when the assessment was raised...

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