Georgian Court Apartment Masis Parseghian v. Assessor of Orangetown

Appeal (transferred to this court by order of the Appellate Division, Second Department) from a judgment of the Supreme Court (Palella, J.), entered August 13, 1990 in Rockland County, which *979granted petitioner’s application, in a proceeding pursuant to RPTL article 7, to reduce the tax assessments on petitioner’s real property for the years 1987 and 1988.

Petitioner commenced two RPTL article 7 proceedings to review the tax assessment on its property in the Town of Orangetown, Rockland County, for the 1987 and 1988 tax years. Petitioner’s property consists of approximately 1.29 acres of land…