MATTER OF 5 E. 71ST ST., INC. v. Boyland

New York Court of Appeals

MATTER OF 5 E. 71ST ST., INC. v. Boyland

164 N.E.2d 866, 7 N.Y.2d 859, 196 N.Y.S.2d 994, 1959 N.Y. LEXIS 941

New York Court of Appeals·Decided December 30, 1959·Published·Cited by 2 cases

Opinion

Order affirmed, without costs. In so deciding, we do not find that the Official Referee erred in refusing to give weight to the 1948 sale to the co-operative corporation or to the separate *861 sales to its tenant purchasers. It is sufficient to say that evidence of the original cost of the land and building in 1946 plus evidence of the sharp increase in values since that time are enough to sustain the assessed valuations. No opinion.

Concur: Chief Judge Conway and Judges Desmond, Dye, Fuld, Froessel, Van Voorhis and Burke.

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Order affirmed, without costs. In so deciding, we do not find that the Official Referee erred in refusing to give weight to the 1948 sale to the co-operative corporation or to the separate *861 sales to its tenant purchasers. It is sufficient to say that evidence of the original cost of the land and building in 1946 plus evidence of the sharp increase in values since that time are enough to sustain the assessed valuations. No opinion.

Concur: Chief Judge Conway and Judges Desmond, Dye, Fuld, Froessel, Van Voorhis and Burke.

MATTER OF 5 E. 71ST ST., INC. v. Boyland, 164 N.E.2d 866, 7 N.Y.2d 859, 196 N.Y.S.2d 994, 1959 N.Y. LEXIS 941 (N.Y. 1959).

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164 N.E.2d 866 (MATTER OF 5 E. 71ST ST., INC. v. Boyland) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

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