Camp Bel-Aire, Inc. v. State

Appeal from a judgment in favor of claimant, entered January 17, 1969, upon a decision of the -Court of ¡Claims making an award for the partial appropriation of its girls summer camp property located in the Town of Liberty, Sullivan County. Relying primarily on market data corroborated with reproduction cost less depreciation, claimant’s expert assigned a before value of $164,000 for the property, based on a highest and best before use as a cultural children’s camp. He testified that the highest and best use after the appropriation was as a hunting camp or summer retreat and that the value of…