New York State Teachers' Retirement System v. Srogi

Order reversed, on the law, with costs, and petitioner’s motion for summary judgment granted. All concur, Cardamone, J. P., not participating. Memorandum: Petitioner New York State Teachers’ Retirement System appeals from an order which denied its motion for summary judgment and granted judgment to respondent declaring that petitioner was not entitled to a tax exemption on certain real property located at 516-520 James Street in the City of Syracuse. Special Term held that subdivision 3 of section 404 of the Real Property Tax Law controlled with respect to the tax-exempt status of the…