HOTEL RUTLEDGE, INC. v. TAX COMM'N OF THE CITY OF NEW YORK


85 A.D.2d 516 (1981)

Hotel Rutledge, Inc., Appellant, v. Tax Commission of the City of New York, Respondent

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

December 3, 1981


The central factor relied on in presentation of appellant's case was the purchase by appellant of the property in May, 1977, approximately five months after the last prior taxable status date. The time of purchase is not, in our view, sufficiently remote from the period reviewed as to be unreliable for purposes of comparison. There is more than a hint in the city's presentation that that sale is unreliable on another score, i.e., not having been made in good faith or at arm...

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