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  5. 61 N.Y.2d 623 (1983)
 

MATTER OF CONSOL. EDISON CO. OF NEW YORK, INC. v. CITY OF NEW YORK

61 N.Y.2d 623 (1983)

In the Matter of Consolidated Edison Company of New York, Inc., Appellant, v. City of New York et al., Respondents. In the Matter of Consolidated Edison Company of New York, Inc., Appellant, v. City of New York et al., Respondents.

Court of Appeals of the State of New York.

Decided December 13, 1983.

Attorney(s) appearing for the Case

Bernard Hulkower and Lisa B. Mann for appellant.

Frederick A. O. Schwarz, Jr., Corporation Counsel (Gary Schuller and Leonard Olarsch of counsel), for respondents.

Chief Judge COOKE and Judges JASEN, JONES, WACHTLER, MEYER, SIMONS and KAYE concur.

MEMORANDUM.

In each case, the order of the Appellate Division should be affirmed, with costs, essentially for the reasons stated in the memorandum of that court. We add only (1) that legislative authorization to require waiver of the benefits of section 626 of the Real Property Tax Law exists in section 369 of the New York City Charter, which empowers the board of estimate to determine the adequacy of the proposed compensation...

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