MATTER OF PELHAM ESPLANADE, INC. v. BD. OF TRS. OF THE VILL. OF PELHAM MANOR


154 A.D.2d 599 (1989)

In the Matter of Pelham Esplanade, Inc., Appellant, v. Board of Trustees of the Village of Pelham Manor, Respondent

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

October 23, 1989


Ordered that the judgment is reversed, on the law, without costs or disbursements, and the petition is granted to the extent that the determination is annulled and the matter is remitted to the Board of Trustees of the Village of Pelham Manor for a new determination in accordance herewith.

On April 25, 1984, the only two shareholders of the appellant purchased property in the Village of Pelham Manor, consisting of a single parcel improved with two apartment buildings...

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