1. Home
  2. Browse Decisions
  3. A.D.2d
  4. 63 A.D.2d
  5. 63 A.D.2d 970 (1978)
 

MATTER OF KINGS MAYFLOWER, INC. v. FIN. ADM'R OF THE CITY OF NEW YORK

63 A.D.2d 970 (1978)

In the Matter of Kings Mayflower, Inc., Appellant, v. Finance Administrator of the City of New York et al., Respondents

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

June 5, 1978

Judgment affirmed, with costs.

While a recent sale of property made at arm's length, if not explained away as abnormal in any fashion, is evidence of the "highest rank" to determine the true value of the property at that time (Plaza Hotel Assoc. v Wellington Assoc., 37 N.Y.2d 273, 277), it is by no means necessarily determinative of the issue of the market value of real property. The court may properly take into account,...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases