1. Home
  2. Browse Decisions
  3. A.D.2d
  4. 193 A.D.2d
  5. 193 A.D.2d 603 (1993)
 

MATTER OF CONSOL. EDISON CO. OF NEW YORK, INC.

193 A.D.2d 603 (1993)

597 N.Y.S.2d 429

In the Matter of Consolidated Edison Company of New York, Inc., Respondent. 1521 Square Inc., Appellant

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

May 3, 1993

Ordered that the judgment is affirmed, with costs.

The trial court properly rejected the method of valuation used by the claimant's appraiser. It is improper to value property based on the capitalization of a nonexistent stream of income from a projected future improvement when the direct sales comparison method is available (see, Matter of City of New York [Atlantic Improvement Corp.], 28 N.Y.2d 465, 470-471; Arlen...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases