MATTER OF WILLOWBROOK ASSOCS., INC. v. FIN. ADM'R OF THE CITY OF NEW YORK


77 A.D.2d 901 (1980)

In the Matter of Willowbrook Associates, Inc., et al., Appellants, 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.

August 11, 1980


Judgment reversed, on the law and the facts, with costs, and it is directed that petitioners have judgment reducing the subject assessments for each of the years in question to a total of $1,300,000 (land: $220,000; building: $1,080,000).

The subject property is improved with eight garden-type apartment structures containing 164 apartments with a total of 495 rooms. The improvements were completed during 1968 and 1969 and...

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