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METROMEDIA v. FOX COMM

106 Misc.2d 1001 (1981)

In the Matter of Metromedia, Inc. (Foster & Kleiser Division), Petitioner, v. Tax Commission of the City of New York et al., Respondents.

Supreme Court, Special Term, Bronx County.

March 4, 1981

Attorney(s) appearing for the Case

Hess, Segall, Guterman, Pelz & Steiner (Arthur A. Segall and Sheldon M. Greenbaum of counsel), for petitioner. Allen G. Schwartz, Corporation Counsel (Leonard Olarsch, Rosario J. Rerda and Frederick W. Turner of counsel), for respondents.

HERBERT SHAPIRO, J.

The petitioner in this tax certiorari proceeding, Metromedia Inc., is a corporation engaged in the business of erecting, leasing and maintaining outdoor advertising displays.

In 1964, petitioner acquired an advertising corporation that had an exclusive franchise agreement with the New York City Transit Authority (Authority) which agreement permitted the erection, maintenance and leasing of outdoor

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