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MATTER OF KALIKOW YAPHANK DEV. CORP. v. TAX APPEALS TRIBUNAL OF THE STATE OF NEW YORK

234 A.D.2d 721 (1996)

651 N.Y.S.2d 647

In the Matter of Kalikow Yaphank Development Corporation, 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.

December 12, 1996

Spain, J.

The facts are not in dispute. In 1986 petitioner, purchased approximately 241 acres of vacant land in the Town of Brookhaven, Suffolk County, for $2,138,875. Petitioner intended to develop it as a residential subdivision; it proceeded to spend considerable time and money, including fees for the services of attorneys, architects and engineers, to secure subdivision approval. However, petitioner's plans were thwarted when by letter dated September...

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