Legal Opinion
Rein v. Mottola
Appellate Division of the Supreme Court of the State of New York
Decided June 10, 1958PublishedCited by 2 opinions
1Opinion of the CourtBergan, J.
We examine on this appeal the weight to be given the opinion of an expert on value of a leasehold. The problem is complicated on one side by the influence of elusive and erratic competitive elements; and on the other by the failure of the expert to make use of significant definitive data to the extent it was available to him.
Plaintiffs in May of 1955 bought from the defendants a gasoline station on the Boston Post Road in The Bronx. The price was $44,000 of which $41,000 was allocated without further segregation to ‘‘ leasehold and goodwill ’’ and the rest for furniture, fixtures and…
2Cases cited5 opinions
- Weibert v. . HananNew York Court of Appeals · 1911
- Di Filippo v. GargiuloAppellate Division of the Supreme Court of the State of New York · 1951
- New York Canners, Inc. v. MilbourneNew York Court of Appeals · 1928
- Berla v. John Zambetti & D. Voepel Iron Works, Inc.Appellate Division of the Supreme Court of the State of New York · 1932
- Shewan v. SparksAppellate Division of the Supreme Court of the State of New York · 1924
3Cited by2 opinions
- City of New York v. StateAppellate Division of the Supreme Court of the State of New York · 2005
- Y.J.D. Restaurant Supply Co. v. DibNew York Supreme Court · 1979