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MATTER OF CITY OF NEW YORK

31 A.D.2d 530 (1968)

In the Matter of The City of New York, Appellant-Respondent, Relative to Acquiring Title to a Public Place in the Block Bounded by Duane Street and Other Streets in the Borough of Manhattan. Jacob Ginsberg, Respondent-Appellant

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

November 21, 1968

Decree dated November 9, 1967, containing an award of $285,000 for Damage Parcel No. 9 (D. P. 9) unanimously reversed, on the law and on the facts, the award vacated, and the matter remanded for further hearings, without costs or disbursements.

The valuation is founded on the sale price of a parcel at Cliff and Fulton Streets on which a 10-level parking garage was erected after demolition of the then existing building. After translating the sale price into an over...

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