MTR. OF SOUTH BRONX DEV PLAN


110 Misc.2d 571 (1981)

In the Matter of South Bronx Neighborhood Development Plan.

Supreme Court, Trial Term, Bronx County.

August 7, 1981


Attorney(s) appearing for the Case

Skinner & Bermant, Leddy & Raber (Bernard L. Bermant and Carl J. Moskowitz of counsel), for condemnee. Allen G. Schwartz, Corporation Counsel (Peter A. Mound of counsel), for City of New York.


WALLACE R. COTTON, J.

The owners of Damages Parcel Nos. 66, 69, 70 and 72 challenge the constitutionality of subdivision 2 of section 3-a of the General Municipal Law which limits prejudgment interest arising out of a condemnation award to 6%, contending that compensation computed at the rate provided by statute results in constitutionally unjust payment.

If payment for the public taking of private property is not made at time of vesting title...

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