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MTR. OF PORT AUTH. TRANS-HUDSON CORP.

50 Misc.2d 613 (1966)

In the Matter of the Port Authority Trans-Hudson Corporation, Relative to Acquiring Title to Real Property in the State of New York and the State of New Jersey for Hudson Tubes Purposes.

Supreme Court, Special Term, New York County.

June 10, 1966

Attorney(s) appearing for the Case

Sidney Goldstein, Milton H. Pachter, Robert S. Tobin and Simpson Thacher & Bartlett (Whitney North Seymour and John A. Guzzetta of counsel), for Port Authority-Trans Hudson Corporation. Sullivan & Cromwell (David W. Peck, Michael A. Cooper, L. Robert Driver and Theodore N. Tarlau of counsel), for claimant. Egan & Bliss (Herbert Bliss of counsel), for Benson's Bar & Rest., Inc. Nathan L. & Joseph Z. Goldstein (Joseph Z. Goldstein of counsel), for Byrne Assoc., Inc., and others.

CHARLES A. LORETO, J.

The award in condemnation of the railroad having been made (48 Misc.2d 485), there remain several questions as to the rate of interest that should be applied to it.

I

One is whether the railroad should be viewed as a "unitary operating entity" and, therefore, as Port Authority Trans-Hudson Corporation (PATH) contends, the New York...

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