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CITY OF NIAGARA FALLS v. ZAK

40 A.D.2d 755 (1972)

City of Niagara Falls, Appellant, v. William Zak et al., Respondents

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

October 26, 1972

Judgment and order unanimously affirmed, with costs.

Memorandum:

Since the property taken was income producing, the economic approach was the best method of determining value. (City of Buffalo v. Migliore, 34 A.D.2d 334.) The record amply supports the award when this method is employed. We adopt $4,800 as the value of the land, the figure placed upon it by the city's appraiser, and find the economic rent to be $9...

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