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MATTER OF MINDEN COURT, INC. v. COMM'R OF ASSESSMENT & TAXATION

63 A.D.2d 804 (1978)

In the Matter of Minden Court, Inc., Respondent-Appellant, v. Commissioner of Assessment and Taxation et al., Appellants-Respondents

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

May 25, 1978

Both appraisers used the capitalization method to assess petitioner's apartment complex. The only dispute is over the determination of the economic rent. This is a factual determination, and where, as here, the value arrived at by the trial court is within the range of the expert testimony, it will not be disturbed on appeal (Matter of Mayos Clothes v Board of Review of Town of Smithtown, 47 A.D.2d 531). The city's allegation that...

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