Judgment entered June 20, 1968, reducing assessments on real property, unanimously reversed, on the law and facts, with $50 costs and disbursements to appellants, petitions dismissed and assessments reinstated.
These are consolidated proceedings for the tax years 1962-63 through 1967-68. The property is located at 240 East 79th Street, Manhattan, on the south side, between Second and Third Avenues. It is improved with a 16-story, penthouse and basement fireproof building...
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