Clairdale Enterprises Inc. v. Tax Commission

Judgment entered June 20, 1968, reducing assessments on real property, unanimously reversed, on the law and facts, with $50 costs and disbursements to appellants, petitions dismissed and assessments reinstated. These are consolidated proceedings for the tax years 1962-63 through 1967-68. The property is located at 240 East 79th Street, Manhattan, on the south side, between Second and Third Avenues. It is improved with a 16-story, penthouse and basement fireproof building on a plot 60 feet 9 inches by 102 feet 2 inches. The property is well located, in a highly desirable area. The record shows…