Twenty First Point Co. v. Town of Guilderland

OPINION OF THE COURT

Lawrence E. Kahn, J.

Petitioner seeks to review the tax assessment on real property owned by it in the Town of Guilderland, and an order and judgment declaring said real property tax assessment and the tax based thereon to be illegal and void, to the extent that said property is partially exempt from real property tax assessment pursuant to section 485-b of the Real Property Tax Law.

Petitioners commenced construction of a racquetball club on or about May 1, 1979 on certain lands on McKown Road in the Town of Guilderland, Albany County. On October 5, 1979, petitioner applied…