Final order modified, on the law and the facts, by increasing the valuation therein for each tax year in question to $110,000 for the land and $99,000 for the building, for a total of $209,000. As so modified, final order affirmed, without costs.
We agree with the capitalization rate employed at Special Term. However, its computation failed to take into account the reduction in real estate taxes during the years in question caused by the reduction in assessment. By...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
