Glenpointe Associates v. Township of Teaneck

These are appeals by the taxpayer from the judgments of the Tax Court which reduced assessments to some extent for the years 1984, 1985, 1986 and 1987. These are the assessments in issue:

Block Lot 1984 1985 1986 1987

3720 5 $31,095,700 $35,301,700 $30,924,300 $30,924,300

3720 6 $ 855,600 $ 855,600 $ 1,044,400 $ 1,044,400

4403 1 $ 183,500 $ 183,500 $ 298,600 $ 298,600

3712 18 $ 169,000 $ 169,000 $ 206,300 $ 206,300

Total $32,303,800 $36,509,800 $32,473,600 $32,473,600

After trial, Judge Crabtree of the Tax Court, entered judgment reducing these assessments as follows:

Block Lot 1984 1985 1986 1987

3720…