MATTER OF ADIRONDACK HYDRO DEV. CORP.


214 A.D.2d 813 (1995)

624 N.Y.S.2d 672

In the Matter of the Acquisition of Real Property by Adirondack Hydro Development Corporation. Adirondack Hydro Development Corporation, Respondent; Warrensburg Board and Paper Corporation, Appellant, et al., Respondents

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

April 13, 1995


Crew III, J.

Petitioner acquired the land and flowage rights at issue in this proceeding via eminent domain for the purpose of developing and operating a hydroelectric power plant, and claimant Warrensburg Board and Paper Corporation (hereinafter claimant) filed a claim seeking compensation for the appropriation of its land. Following a nonjury trial, Supreme Court adopted the valuation approach offered by petitioner's expert and valued the property at...

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