Legal Opinion

Santisi v. Parente

Appellate Division of the Supreme Court of the State of New York

Decided October 30, 1995Published

1Opinion of the Court

—In an action to compel the sale of real property, the defendants appeal from an order of the Supreme Court, Richmond County (Leone, J.), dated May 27, 1994, which, after a hearing, determined that the fair value of the property was $255,000.

Ordered that the order is affirmed, with costs.

The plaintiff sought to exercise an option to purchase real property from the defendants. Each party called an expert to testify as to the fair value of the property and each party applied the income method. The defendants asserted that the court erred by discrediting the testimony of its expert and crediting…

2Cases cited2 opinions

  1. Schoeneck v. City of SyracuseAppellate Division of the Supreme Court of the State of New York · 1983
  2. Conifer Baldwinsville Associates v. Town of Van BurenAppellate Division of the Supreme Court of the State of New York · 1985

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