MATTER OF A.P. WIDE WORLD REALTY v. TOWN OF CLARKSTOWN


253 A.D.2d 874 (1998)

678 N.Y.S.2d 342

In the Matter of A.P. Wide World Realty, Appellant, v. Town of Clarkstown et al., Respondents

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

September 28, 1998


Ordered that the order and interlocutory judgment is affirmed, with costs.

In general terms, RPTL 485-b provides for an exemption from taxation for construction, alterations, installations, or improvements undertaken for the purpose of commercial, business, or industrial activity. Pursuant to RPTL 485-b (2) (b) and (3), the exemption is applicable only to "completed" construction, alterations, installations, or improvements, and, pursuant to RPTL 485-b (3), any application...

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