INVESTORS COLLATERAL CORP. v. STATE


114 A.D.2d 437 (1985)

Investors Collateral Corp., Respondent, v. State of New York, Appellant. (Claim No. 64983.)

Appellate Division of the Supreme Court of the State of New York, Second Department.

October 21, 1985


Judgment affirmed, with costs.

We find no reason to disturb the judgment under review. Claimant was a real estate developer and subdivider and the subject tract had been the subject of ongoing and sequential subdivisions in a high growth area. At least one year before the de facto taking — a taking of a permanent easement to facilitate increased drainage from a reconstructed highway — claimant had prepared and obtained from the Town of East Fishkill...

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