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MATTER OF LIA v. TOWN OF NISKAYUNA

300 A.D.2d 876 (2002)

752 N.Y.S.2d 136

In the Matter of WILLIAM LIA, Appellant, v. TOWN OF NISKAYUNA et al., Respondents. (And Four Other Related Proceedings.)

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

Decided December 19, 2002.

Mercure, J.P.

Petitioner is the owner of an automobile dealership that leases a parcel owned by petitioner in the Town of Niskayuna, Schenectady County. Petitioner had begun leasing the property in 1992 for $15,000 per month pursuant to a 10-year lease agreement that included an option to purchase the property. Petitioner purchased the property in 1997, assuming the existing mortgage with an outstanding balance of $931,259. Petitioner obtained two additional mortgages...

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