Luther Forest Corp. v. McGuinness

OPINION OF THE COURT

Loren N. Brown, J.

This consolidated proceeding was commenced by the petitioners seeking an order declaring erroneous the 1981 assessment of a portion of their real property, determining that the property be assessed at a rate of $4.10 or $4.11 per acre, and for further relief. JThe petitioners’ suggested assessed valuation is based upon a per-acre assessment for 1979 when the parcels were given partial exemption pursuant to Real Property Tax Law § 480. A trial was held at the Nonjury Term of this court on September 4, 1984.

The litigation involves lands owned by the…