Minden Court, Inc. v. Commissioner of Assessment & Taxation

&emdash;Cross appeals from an order of the Supreme Court, entered January 18, 1977 in Broome County, upon a decision of the court at a Trial Term which, in a proceeding pursuant to article 7 of the Real Property Tax Law, reduced the assessment upon petitioner’s property, corrected the assessment rolls and directed a refund of taxes. Both appraisers used the capitalization method to assess petitioner’s apartment complex. The only dispute is over the determination of the economic rent. This is a factual determination, and where, as here, the value arrived at by the trial court is within the…