Matter of Center Albany Assoc. LP v. Board of Assessment Review of the City of Troy
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Garry, J.P.
Appeals (1) from an order and judgment of the Supreme Court (Zwack, J.), entered May 9, 2016 in Rensselaer County, which granted petitioners’ application, in a proceeding pursuant to RPTL article 7, to reduce the 2013 tax assessment on certain real property owned by petitioner Center Albany Associates LP, and (2) from the amended judgment entered thereon.
Petitioner Center Albany Associates LP (hereinafter petitioner) owns two large apartment complexes — Troy Gardens and Park Ridge — located in the City of Troy, Rensselaer County. In July 2013, petitioners commenced this proceeding…
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