In 1972, petitioner purchased a 3.924-acre parcel of real property improved with a single-family residence (hereinafter the property) in the Village of Irvington, Westchester County, for $185,000. In 1987, he submitted an application for subdivision approval to the Village Planning Board, seeking to divide the property into five lots: one lot on which his residence was located, and four additional building lots of approximately one-half...
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