Judgment unanimously modified, on the law, and, as modified, affirmed, without costs, in accordance with the following memorandum:
In this tax certiorari proceeding (Real Property Tax Law art 7), we determine upon the record before us that the actual income and the actual expenses are the best guides to value. The assessed property consists of an apartment project built specifically for the elderly and handicapped and is subsidized by the Federal Department of Housing...
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