In re the Town Board of Brookhaven
New York Supreme Court
1Opinion of the CourtHenry M. Zaleski, J.
Pursuant to section 47 of the Suffolk County Improvement Act (L. 1927, ch. 190, as amd.) the court held a hearing on objections to the tentative decree.
The only objection which the court deems worthy of comment is claimants’ position that they are entitled to interest at the rate of 6%, instead of 4%, from the vesting date.
Section 13 of the Suffolk County Improvement Act provides that ‘ ‘ interest at the legal rate ’ ’ shall be awarded from the date of vesting of title to the date of the final decree. Claimants urge that the legal interest rate in this State is 6% and that the special…
2Cited by2 opinions
- In re Incorporated Village of HempsteadAppellate Division of the Supreme Court of the State of New York · 1970
- In re County of SuffolkNew York Supreme Court · 1968