Manocherian v. Tax Commission

Sullivan, J. P., and Rosenberger, J.,

dissent in a memorandum by Sullivan, J. P., as follows: The City appeals from a judgment granting summary judgment eliminating the building portion of the real estate tax assessment for the tax year 1985/86, amounting to $3,425,000, with respect to petitioner’s property at 147 East 50th Street, designated as Block 1305, Lot 28, in the Borough of Manhattan. Petitioner had sought the benefit of a "progress exemption” for the year in question for a "new building” in the first year of "the course of construction” under Administrative Code of the City of New…