Mercure, J.
Petitioner Consolidated Rail Corporation (hereinafter Conrail) abandoned a 1.65-mile-long spur track extending from its main line to a Niagara Mohawk power facility in the City of Oswego, Oswego County. In June 1996, Conrail entered into a contract for the sale of an approximately 1,200-foot-long portion of the abandoned property (hereinafter the parcel) to respondent Paul Castaldo. Recognizing the preferential right of acquisition conferred upon the Commissioner...
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