Latham Holding Co. v. State of NY

On January 23,1959 the State appropriated part of claimant’s property located in the Town of Colonie, Albany County, for highway purposes. The Court of Claims found that the highest and best use of the property before the appropriation was for commercial purposes, that the highest and best use of the property remaining after the appropriation was for limited commercial use, such as for advertising signs, or for residential use by sale to an adjoining owner, that the fair and reasonable market value before the taking was $22,500 and after taking was $500, and that claimant was damaged in the…