MATTER OF 52ND STREET DESIGNEE CORPORATION v. TAX APPEALS TRIBUNAL OF THE STATE OF NEW YORK


281 A.D.2d 758 (2001)

722 N.Y.S.2d 283

In the Matter of 52ND STREET DESIGNEE CORPORATION et al., Petitioners, 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.

Decided March 15, 2001.


Lahtinen, J.

Petitioners owned real property that was taken by the State through its power of eminent domain. Petitioners do not dispute that they received full market value for their respective properties but objected to the imposition of the transfer gains tax which was applied to transfers of real property where the consideration was $1,000,000 or more pursuant to Tax Law former article 31-B.1

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