MATTER OF WERB v. DE GARMO


62 N.Y.2d 636 (1984)

In the Matter of Stanley Werb et al., Appellants, v. Arthur V. De Garmo, as Clay Town Assessor, et al., Respondents.

Court of Appeals of the State of New York.

Decided April 3, 1984.


Attorney(s) appearing for the Case

William L. Allen, Jr., for appellants.

William F. Carrigan, Jr., and Richard D. Ryan for respondents.

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


MEMORANDUM.

The judgment appealed from and order brought up for review should be affirmed, with costs.

Appellants, owners of a 28-building apartment complex, commenced this tax certiorari proceeding to review the assessments on their property for the tax years 1977-1978, 1978-1979 and 1979-1980. The court relied primarily on the income capitalization method for determining the value of the property. Deducted from...

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