Matter of Rochester Urban Renewal Agency

397 N.E.2d 749, 48 N.Y.2d 694, 422 N.Y.S.2d 59, 1979 N.Y. LEXIS 2356
New York Court of Appeals·Decided October 16, 1979·Published·Cited by 3 cases

Opinion

OPINION OF THE COURT

Memorandum.

The order of the Appellate Division should be affirmed, with *696 costs, for the reasons stated in the memorandum at the Appellate Division.

Claimant has created an issue as to value and the extent of its damages by alleging that the property taken by eminent domain was a specialty and therefore was not susceptible of valuation by fair market standards. Since fair market value is presumptively the .correct method for assessing damages in condemnation cases, a condemnee who would have the court apply a different method must bear the burden of demonstrating that the value , of his property cannot reasonably be measured by the fair market value approach (Matter of Penn Yan Urban Renewal Agency v Penn Yan Realty Corp., 57 Misc 2d 1033; see Matter of Rochester Urban Renewal Agency [Patchen Post], 45 NY2d 1, 9; Newburgh Urban Renewal Agency v Williams, 79 Misc 2d 991; cf. Heyert v Orange & Rockland Utilities, 17 NY2d 352, 364). Claimant here has failed to sustain this burden, and, consequently, its request for a higher damages award must be rejected.

Chief Judge Cooke and Judges Jasen, Gabrielli, Jones, Wachtler, Fuchsberg and Meyer concur.

Order affirmed, with costs, in a memorandum.

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Matter of Rochester Urban Renewal Agency, 397 N.E.2d 749, 48 N.Y.2d 694, 422 N.Y.S.2d 59, 1979 N.Y. LEXIS 2356 (N.Y. 1979).

397 N.E.2d 749 (Matter of Rochester Urban Renewal Agency) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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