RICHARDS v. STATE


32 A.D.2d 591 (1969)

Maurice Richards et al., Respondents, v. State of New York, Appellant. (Claim No. 46543.)

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

April 24, 1969


HERLIHY, J.

Both appraisers agreed that the loss of these buildings destroyed the economic usefulness of the motel and cabin units located on the remaining property. The claimants' appraiser used three methods in arriving at a market value of $44,000 before the taking and $10,450 for the remainder. His valuation based on reproduction cost less depreciation is inapplicable to the present case since the property was not a specialty, although perhaps unique...

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