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MATTER OF CITY OF NEW YORK

19 A.D.2d 805 (1963)

In the Matter of The City of New York, Respondent, Relative to Acquiring Title to Real Property Required for Penn Station South Slum Clearance Project Within the Area Bounded by 9th Avenue and Other Streets in The Borough of Manhattan. Opera Theatre Company, Inc., et al., Respondents

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

October 10, 1963

Final decree unanimously modified on the law and the facts by reducing the award for damage parcel 147 to $76,500 and for damage parcel 153 to $61,000, and as so modified otherwise affirmed, with costs to the City of New York as against these respondents and, with costs to the other respondents against the City of New York. In determining the net income of damage parcel 147 so as to compute its capitalized value, it appears that...

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