Webster Apartments v. City of New York

It seems to me clear beyond possible argument or contention that the plaintiff corporation is organized exclusively for charitable or benevolent purposes and that its real property is held exclusively for such purposes and is exempt under subdivision 7, section 4 of the Tax Law. The corporation was formed to carry out a provision in the will of the late Charles B. Webster in which he created a trust fund to be used for the erection of an apartment building and directed “ that the said apartments shall not be conducted for profit but solely for the purpose of providing unmarried working women…