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MATTER OF WASHINGTON APARTMENTS, INC. v. BD. OF ASSESSORS OF THE COUNTY OF NASSAU

43 A.D.2d 942 (1974)

In the Matter of Washington Apartments, Inc., Appellant, v. Board of Assessors of the County of Nassau, Respondent

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

February 4, 1974

Judgment reversed, as a matter of discretion in the interests of justice, and new trial granted, without costs.

In our opinion, Special Term was correct in requesting that where the economic approach to determining the market value of property is used, the parties should submit actual income and expense figures for the tax year in question and not figures from some other fiscal period (cf. Matter of Suburbia Apts. v. Board of Assessors of County of Nassau,...

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