Shereff-Schopick Realty Co. v. Tax Commission

In a consolidated tax certiorari proceeding, the Tax Commission and Finance Administrator of the City of New York appeal from a judgment of the Supreme Court, Queens County, dated May 29, 1979, which reduced the assessments for each of the three tax years under review. Case remitted to Special Term for the making of new findings in accordance with the following memorandum. In the interim, the appeal is held in abeyance. The premises contain indoor bowling alleys and rooftop, all-weather tennis facilities operated under an air inflated bubble. Both experts relied upon the cost approach. After…