In re City of New York

23 Misc. 2d 690, 199 N.Y.S.2d 225, 1960 N.Y. Misc. LEXIS 3508
New York Supreme Court·Decided February 27, 1960·Published·Cited by 3 cases

Opinion

William C. Hecht, J.

This is a motion by claimant of damage parcels 526 through 532 for an order directing (a) reconsideration and setting aside of this court’s decision (22 Mise 2d 619); (b) the taking of additional testimony; and (c) the rendering of a new decision on the grounds that said decision is contrary to the law and the evidence.

1. The first ground urged for reconsideration is 1 ‘ that the Court fixed market value as of February 28, 1958, although the actual date of vesting of title in The City of New York was October 1, 1958.” The answer to this contention is that the value of $2,205,944 found in the original decision is the value which was fixed as of the only date it could legally be fixed, namely, October 1, 1958, the date title vested.

2. The second ground urged for reconsideration is that the Court * * * is in error as to the substance of Mr. Witt-man’s testimony * * * with resultant mistakes in the findings. Claimant’s testimony was not that immediately upon the first taking claimant’s lands appreciated in value 50%. The citation of stenographer’s minutes page 288 is a partial statement on cross-examination of the witness’s testimony. The testimony immediately following, quoted infra, proves this.” The testimony quoted infra is from stenographer’s minutes page 289. In the light of these statements Wittman’s testimony will be analyzed at somewhat greater length than would otherwise be warranted. (All italics supplied.)

Wittman had testified that he was familiar with the proposed use by Lincoln Center, Fordham University, and Webb and Knapp of the lands included in the first taking of February 28, 1958. The following then ensued on direct examination (S. M. pp. 264-265): 11 Q. Mr. Wittman, in the light of all that we have just shown with respect to the condemnation to the south and to the west of the subject property as of February 28, 1958, the conveyances by the City to the various sponsors, in the light of the Urban Renewal Plan, as finally adopted by the Board of Estimate on November 26, 1957, the condemnation which took place pursuant to that on February 28, 1958 to the south and to the west of the claimant’s property in this proceeding, can you tell the Court what, in your opinion, was the fair and reasonable market value, taking into consideration all of the factors that you, as a real estate man, believe should be considered, of that property as of March 1,1958, the date after the first taking "l A. $4,000,000.”

[692] He then testified that the highest and best use of the land as of March 1, 1958 was either (a) an apartment house with stores on the ground floor; (b) an office building with stores on the ground floor; (c) a combination office building and hotel with stores on the ground floor (S. M. p. 266). In making his appraisal, he considered the sketches made by the witness Both ££ as reasonable projected uses of the claimant’s land as of March 1, 1958” (S. M. pp. 266-267).

The following was his testimony on cross-examination. This repeats the excerpt quoted in the previous opinion (S. M. p. 288); his ££ explanation ” of that testimony on which claimant relies on this motion (S. M. p. 289); the portion following that explanation; and the further testimony to which claimant’s moving affidavit refers (S. M. pp. 315-316).

11 Q. What would your appraisal have been of this property on February 27, 1958, before the vesting? * * * A. For land and building, as of February 28, 1958, the moment before title vested for the Lincoln Square project, my appraisal for land and building would be $2,700,000.
££ Q. So that, over night, without any physical change of any kind, without anything happening at all, your opinion of the value of that property jumped from $2,700,000 to $4,000,000? A. Ho, sir; not over night. The same day. The moment after.
“Q. The moment after? A. Yes.
££ Q. One minute after the vesting? A. That’s right.
££ Q. After the Clerk in the County Clerk’s office stamped the order as entered, immediately it went from $2,700,000 to $4,000,000? A. Hot quite.
££ Q. Two minutes after? A. Ho. I said, 1 Hot quite.’ * # * Because there were two things that happened at that moment. The City took it and immediately resold it, and very definitely there was a plan, and at that moment, there ivas a certainty that the sponsor could only put the Philharmonic Opera House [sic] in the location in which it is going. The City took it at that moment, and at that very moment reconveyed it to the sponsor who was bound, under that contract, to put that right there. And all of the other properties were, at that moment, reconveyed to their various sponsors, the Fordham University, the Metropolitan Opera House, the Webb and Knapp project, the Title"! Co-op project,— all of these things occurred at that same moment, and it is the two together that made that difference.” ('S. M. pp. 288-289.)

Besuming:

££ Q. In your opinion, if this property now being taken had been taken as part of the original Lincoln Square project, and [693] was contained in the original taking, your value of that property would have been $2,700,000? A. That’s correct.
“ Q. Based on your usual formulas of appraisal? A. That is correct.
“ Q. But now you have changed it to $4,000,000 because of what facts, Mr. Wittman? A. Because of the fact that the property across the street was not only taken but the contract had been signed for the sale thereof, with specific locations as to certain buildings and the inclusion of other buildings, but not specifically located.
“ Q. So that the facts on which you base your opinion are twofold, as I understand it now; One, the original Lincoln Square project with the sponsor and their contracts with the City; and secondly, the sales which you have submitted to the Court today and which we have analyzed? A. In addition thereto, checking out for my own purposes the reasonable residual value of the land by projecting the various best improvements to that land.” (S. M. pp. 315-316.)

Wittman’s testimony as to sales will be discussed under Item 3, where it will be seen that they do not support his $4,000,000 valuation. Barring these sales, the only basis for his appraisal is the anticipated income from one of the three proposed “highest and best uses ” of the land, each of which was projected on the certainty that the Philharmonic, the Metropolitan Opera House, Fordham University and the Webb and Knapp project would all be expected in close proximity to claimant’s property.

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In re City of New York, 23 Misc. 2d 690, 199 N.Y.S.2d 225, 1960 N.Y. Misc. LEXIS 3508 (N.Y. Super. Ct. 1960).

23 Misc. 2d 690 (In re City of New York) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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