MALONEY v. STATE OF NEW YORK


48 A.D.2d 755 (1975)

William E. Maloney et al., Appellants, v. State of New York, Respondent. (Claim No. 52244.)

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

May 29, 1975


Claimants were owners of an 8.7-acre parcel of vacant land located in the City of Albany purchased by them in 1958 for $17,000 and appropriated in toto by the State on October 7, 1969. At the time of the taking the land was zoned R-1. Claimants' witnesses testified that a rezoning was likely and thus the highest and best use was as commercial property under a zoning of C-O. The State's appraiser testified that the land in...

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