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MATTER OF CHRYSLER REALTY CORP. v. FOLEY

74 A.D.2d 847 (1980)

In the Matter of Chrysler Realty Corp., Appellant, v. Frank W. Foley et al., Respondents, and Clarkstown Central School District, Intervenor-Respondent

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

March 10, 1980

Judgment reversed, without costs or disbursements, and new trial granted.

As evidence of the fair market value of the subject parcels, petitioner introduced a real estate appraiser's report analyzing sales and listings of comparable parcels which was admitted as part of the appraiser's direct testimony. The appraiser's report relied on and incorporated an engineering study of the subject parcels performed in 1969 (10 years prior to the trial) by Joseph S. Ward, Inc...

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