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A.C. Leasing, Inc. v. State

Appellate Division of the Supreme Court of New York, Fourth Department
Jun 24, 1968
30 A.D.2d 762 (N.Y. App. Div. 1968)

Opinion

June 24, 1968

Appeal from the Court of Claims.

Present — Bastow, P.J., Goldman, Del Vecchio, Marsh and Henry, JJ.


Judgment unanimously modified on the law and facts by reducing the judgment to $308,224 and as modified affirmed, without costs. Memorandum: In computing the amount of the award the trial court accepted the gross rent of $42,955 without any reduction for expenses such as heat, light and janitorial services. This produced a per square foot valuation of $1.43. The claimant's proof of annual expense is $11,700. We find that $1.20 per square foot is a more accurate representation of the market value on the date of taking. We further find that the per acre valuation of the unfilled land is $6,000 and that the per acre valuation of the filled land is $9,000. This results in a reduction of $16,500 and as so reduced the judgment is affirmed.


Summaries of

A.C. Leasing, Inc. v. State

Appellate Division of the Supreme Court of New York, Fourth Department
Jun 24, 1968
30 A.D.2d 762 (N.Y. App. Div. 1968)
Case details for

A.C. Leasing, Inc. v. State

Case Details

Full title:A.C. LEASING, INC., Respondent, v. STATE OF NEW YORK, Appellant. (Claim…

Court:Appellate Division of the Supreme Court of New York, Fourth Department

Date published: Jun 24, 1968

Citations

30 A.D.2d 762 (N.Y. App. Div. 1968)