MATTER OF CITY OF NEW ROCHELLE v. SOUND OPERATING CORP.


30 A.D.2d 861 (1968)

In the Matter of City of New Rochelle, Appellant, v. Sound Operating Corp. et al., Defendants, and B.B.F. Holding Corp., Respondent

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

July 22, 1968


Ordered reversed, on the law and the facts, without costs, and proceeding remanded to Special Term for remittal to a commission for rehearing and determination, limited solely to the issue of proof of value of the subject building based on reproduction cost less depreciation.

In our opinion, under the circumstances herein, the Commissioners of Appraisal properly concluded that the subject building, a commercial laundry, was a specialty and that the only tenable method...

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