Legal Opinion
Opn. No.
New York Attorney General Reports
Decided April 12, 1976Published
1Opinion of the Court
REAL PROPERTY TAX LAW, § 404.
The New York State Employees' Retirement System is a State agency and, as such, its real property however acquired and however used is exempt from local real property taxes. HON. ARTHUR LEVITT State Comptroller
I have your inquiry by your counsel Hon. Theodore Spatz seeking clarification of the taxable status with respect to local real property taxes of real property taken in the name of the New York State Employees' Retirement System in lieu of a foreclosure of the System's mortgage lien and held by the System as a landlord. As you point out in your letter of…
2Cases cited5 opinions
- Glassman v. GlassmanNew York Court of Appeals · 1956
- Bush Terminal Co. v. City of New YorkNew York Court of Appeals · 1940
- Easley v. New York State Thruway AuthorityNew York Court of Appeals · 1956
- State Insurance Fund v. BoylandAppellate Division of the Supreme Court of the State of New York · 1953
- Sunlit Gardens, Inc. v. MooreNew York Supreme Court · 1944