ALSTORES REALTY CORP. v. BOARD OF ASSESSORS OF PEABODY


391 Mass. 60 (1984)

490 N.E.2d 1276

ALSTORES REALTY CORPORATION vs. BOARD OF ASSESSORS OF PEABODY.

Supreme Judicial Court of Massachusetts, Suffolk.

February 6, 1984.


Attorney(s) appearing for the Case

Eugene G. Panarese (David J. Fine & Susan Sturm with him) for the Board of Assessors of Peabody.

Marshall E. Harmon (John A. Christopher, IV, with him) for the taxpayer.

Present: HENNESSEY, C.J., ABRAMS, NOLAN, & LYNCH, JJ.


ABRAMS, J.

The board of assessors of the city of Peabody (assessors) appeals, pursuant to G.L.c. 58A, § 13, from a decision of the Appellate Tax Board (board), granting Alstores Realty Corporation (Alstores) abatements of real estate taxes of $765,301.84 for fiscal 1979, and $646,060.30 for fiscal 1980. On appeal, the assessors claim error in the board's determination to allow certain operating expenses, in the board's choice of a capitalization rate, in the...

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