New York Statutes

§ 60 — Trial; evidence of value

New York·Law RAT Rapid Transit·Art. 6 Acquisition of Property By the City

§ 60. Trial; evidence of value.

a.Upon the trial, evidence of the\nprice and other terms upon any sale, or of the rent reserved and other\nterms upon any lease, relating to any of the property taken or to be\ntaken or to any other property in the vicinity thereof shall be\nrelevant, material and competent, upon the issue of value or damage and\nshall be admissible on direct examination, if the court shall find:\n 1. That such sale or lease was made within a reasonable time of the\nvesting of title in the city,\n 2. That it was freely made in good faith in ordinary course of\nbusiness, and\n 3. In case such sale or lease relates to other than property taken or\nto be taken, that it relates to property which is similar to the\nproperty taken or to be taken.\n b. No such evidence shal

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