Snyder Air Products Co. v. State
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Judgment unanimously affirmed, with costs. Memorandum: The trial court’s allowance of $85,000 for improvements is justi*874fled by evidence of appraisals based on the economic approach to value but the trial court failed to make findings of the rental value of the building and of the factors upon which the building value could be properly based. There being sufficient evidence in the record from which appropriate findings may be made, however, we have re-evaluated the proof and make additional findings as follows: Annual gross income $15,400 less annual expenses for taxes $2,020; insurance $400;…
2Cited by2 opinions
- Wettlaufer v. StateAppellate Division of the Supreme Court of the State of New York · 1978
- Niagara Falls Urban Renewal Agency v. 123 Falls Realty, Inc.Appellate Division of the Supreme Court of the State of New York · 1978