Case Name: In the Matter of 5th and 14th Realties, Inc., et al., Appellants, v. Tax Commission of the City of New York, Respondent
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1961-06-08
Citations: 13 A.D.2d 917
Docket Number: 
Parties: In the Matter of 5th and 14th Realties, Inc., et al., Appellants, v. Tax Commission of the City of New York, Respondent.
Judges: 
Reporter: Appellate Division Reports
Volume: 13
Pages: 917–917

Head Matter:
In the Matter of 5th and 14th Realties, Inc., et al., Appellants, v. Tax Commission of the City of New York, Respondent.

Opinion:
Final order entered on September 15,1960, reducing assessments for the tax years 1958-1959 and 1959-1960, unanimously modified, on the law and on the facts, by reducing the assessments for said years to land $260,000, building $60,000, total $320,000, and, as so modified, affirmed, with $20 costs and disbursements to petitioners-appellants. The proof of the purchase price of the subject properties and comparable sales in the block indicate the values found by the trial court to have been excessive. Settle order on notice. Concur — Rabin, J. P., Valente, McNally, Eager and Steuer, JJ.