In re the Acquisition of Real Property of Broome

133 A.D.2d 984, 521 N.Y.S.2d 134, 1987 N.Y. App. Div. LEXIS 52011
CourtAppellate Division of the Supreme Court of the State of New York
DecidedOctober 29, 1987
StatusPublished
Cited by7 cases

This text of 133 A.D.2d 984 (In re the Acquisition of Real Property of Broome) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re the Acquisition of Real Property of Broome, 133 A.D.2d 984, 521 N.Y.S.2d 134, 1987 N.Y. App. Div. LEXIS 52011 (N.Y. Ct. App. 1987).

Opinion

Weiss, J.

Appeal from a judgment of the Supreme Court (Harlem, J.), entered September 19, 1986 in Broome County, which, in a proceeding pursuant to EDPL 402, determined the compensation due claimants as a result of petitioner’s acquisition of real property.

Petitioner contends that the award by Supreme Court in this appropriation case was excessive and that the court erred in failing to consider evidence of 10 allegedly comparable sales of real property in arriving at the award.

The subject parcel consists of 6.84 acres of vacant land owned by claimant Miller Facilities Corporation on Old Mill Road in the Town of Vestal, Broome County, which petitioner appropriated for construction of a bus garage. On September 8, 1982, petitioner acquired the property by filing an appropriation map and paid Miller $162,000. Miller filed a claim the same day seeking $300,000 as compensation for the appropriation. Following a nonjury trial, Supreme Court found that the highest and best use of the land was industrial and adopted the market data approach to determine basic value as did the appraisers for both parties. Supreme Court noted that out of [985]*985the examples of comparable sales used by the parties’ appraisers, only one parcel was used by all, that being a parcel on Commerce Road developed for a United Parcel Service (UPS) terminal. This parcel, which was sold in 1979 for $100,000, was either 4.14 acres having a value of $24,155 per acre or 4.49 acres valued at $22,272 per acre, the parties having disputed the actual size. Averaging these estimates, Supreme Court reached a $23,500 per acre value for the UPS parcel. To this base, the court further adjusted for the time period between the 1979 UPS parcel sale and the 1982 appropriation of the subject parcel, as well as for differences in topography, location, size and services. After making the adjustments, Supreme Court valued the subject property at $35,000 per acre for a basic value of $239,000, plus improvements of $20,000, for a total of $259,000. Crediting the amount previously paid, Supreme Court entered judgment against petitioner for $97,000 plus interest, totaling in all $132,441, from which judgment petitioner has appealed.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Halpin v. Cheikhet
90 A.D.3d 1211 (Appellate Division of the Supreme Court of New York, 2011)
Insilco Corp. v. Star Services, Inc.
2 A.D.3d 343 (Appellate Division of the Supreme Court of New York, 2003)
CMRC, Ltd. v. State
2 A.D.3d 303 (Appellate Division of the Supreme Court of New York, 2003)
In re Village of Johnson City
215 A.D.2d 917 (Appellate Division of the Supreme Court of New York, 1995)
Ingber v. State
187 A.D.2d 826 (Appellate Division of the Supreme Court of New York, 1992)
In re New York Convention Center Development Corp.
169 A.D.2d 543 (Appellate Division of the Supreme Court of New York, 1991)
In re the Acquisition of Real Property by the Town of Cobleskill
149 A.D.2d 876 (Appellate Division of the Supreme Court of New York, 1989)

Cite This Page — Counsel Stack

Bluebook (online)
133 A.D.2d 984, 521 N.Y.S.2d 134, 1987 N.Y. App. Div. LEXIS 52011, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-acquisition-of-real-property-of-broome-nyappdiv-1987.