Case Name: The People of the State of New York ex rel. Fifteen Park Row Corporation et al., Appellants-Respondents, against Harry B. Chambers et al., Constituting the Tax Commission of the City of New York, Respondents-Appellants. [3 and 13-21 Park Row, Borough of Manhattan.]
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1947-05-29
Citations: 272 A.D.2d 811
Docket Number: 
Parties: The People of the State of New York ex rel. Fifteen Park Row Corporation et al., Appellants-Respondents, against Harry B. Chambers et al., Constituting the Tax Commission of the City of New York, Respondents-Appellants. [3 and 13-21 Park Row, Borough of Manhattan.]
Judges: 
Reporter: Appellate Division Reports
Volume: 272
Pages: 811–811

Head Matter:
The People of the State of New York ex rel. Fifteen Park Row Corporation et al., Appellants-Respondents, against Harry B. Chambers et al., Constituting the Tax Commission of the City of New York, Respondents-Appellants. [3 and 13-21 Park Row, Borough of Manhattan.]

Opinion:
Considering all the relevant factors we deem that the order appealed from should be modified to fix the assessed valuations of the properties involved herein for the years 1943-44, 1944r-45 and 1945-46 as follows:
3 Park Bow
Land Building Total
$100,000 $20,000 $120,000
15 Park Bow
$650,000 $250,000 $900,000
And so modified the order is affirmed, with $20 costs and disbursements to the appellants the Tax Commission of the City of New York. Present — Martin, P. J., Cohn, Callahan, Peck and Van Voorhis, JJ.; Martin, P. J., dissents in a memorandum .as follows: On a prior appeal the court had occasion to consider the value of these properties and for the tax year 1942-43 found values as follows:
3 Park Bow
Land Building Total
$110,000 $25,000 $135,000
15 Park Bow
$725,000 $294,000 $1,019,000
(People ex rel. 15 Park Row Corp. v. Lilly, 268 App. Div. 961.) The record now before the court does not warrant a further reduction. A slight improvement in real estate values is indicated. Considering all the relevant factors, I am of the opinion that the order appealed from should be modified to fix the assessed values of the properties involved for the years 1943-44, 1944-45 and 1945-46 as follows: _ ;
8 Park Bow
Land Building Total
$115,000 $22,500 $137,500
15 Park Bow
Land Building Total
$725,000 $290,000 $1,015,000,
and, as so modified, affirmed, without costs. Settle order on notice.