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MTR. OF PEPSI-COLA CO. v. TAX COMM.

19 A.D.2d 56 (1963)

In the Matter of Pepsi-Cola Company, Respondent, v. Tax Commission of the City of New York, Appellant

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

June 11, 1963.

Attorney(s) appearing for the Case

James J. McGowan of counsel (Edward J. McLaughlin with him on the brief; Leo A. Larkin, Corporation Counsel, attorney), for appellant.

Alfred H. Hetkin of counsel (Hetkin, Barshay & Hetkin, attorneys), for respondent.

BREITEL, J. P., McNALLY, STEVENS and STEUER, JJ., concur.

EAGER, J.

By this proceeding the petitioner attacked the assessed valuation of the property owned by it and situate at 500 Park Avenue, on the southwest corner of Park Avenue and 59th Street. The petitioner, following its purchase of this property in 1956, improved the same by the erection thereon of a new building, which was completed in December, 1959. It was first assessed for the tax year 1960-61 as fully...

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