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GKK 2 HERALD v. CITY OF N.Y.

82/16, 4074.

154 A.D.3d 213 (2017)

63 N.Y.S.3d 20

2017 NY Slip Op 07102

GKK 2 HERALD LLC, Petitioner, v. CITY OF NEW YORK TAX APPEALS TRIBUNAL et al., Respondents.

Appellate Division of the Supreme Court of New York, First Department.

Decided October 10, 2017.

Attorney(s) appearing for the Case

Stempel Bennett Claman & Hochberg, P.C., New York City ( Richard L. Claman of counsel), for petitioner.

Zachary W. Carter , Corporation Counsel, New York City ( Amy H. Bassett of counsel), for respondents.

FRIEDMAN, J.P., MOSKOWITZ and GISCHE, JJ., concur.

OPINION OF THE COURT

In this CPLR article 78 proceeding, invoking this Court's original jurisdiction under CPLR 506 (b) (4), we are asked to decide whether the determination of respondent City of New York Tax Appeals Tribunal that petitioner's receipt of $111,375,000 was a taxable event...

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