1. Home
  2. Browse Decisions
  3. A.D.2d
  4. 211 A.D.2d
  5. 211 A.D.2d 322 (1995)
 

470 NEWPORT v. TAX TRIBUNAL

211 A.D.2d 322 (1995)

In the Matter of 470 Newport Associates, Petitioner, v. Tax Appeals Tribunal of the State of New York et al., Respondents

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

May 25, 1995

Attorney(s) appearing for the Case

Hutton & Solomon, New York City (Kenneth I. Moore, Stephen L. Solomon and Roy F. Hutton of counsel), for petitioner.

Dennis C. Vacco, Attorney-General, Albany (Julie S. Mereson and Peter G. Crary of counsel), for Commissioner of Taxation and Finance of the State of New York, respondent.

CARDONA, P. J., MERCURE, CASEY and SPAIN, JJ., concur.

WHITE, J.

Petitioner, a limited partnership, acquired an apartment building located in the Village of Harrison, Westchester County, on September 15, 1976 for $5,750,000. On November 10, 1982, it sold the building to a cooperative housing corporation (hereinafter the CHC) for $15,773,302.20. A part of this consideration consisted of 140,030 unsold shares of the CHC valued at $6,935,162.57. Between March 28, 1983...

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