Roosevelt Nassau Operating Corp. v. Board of Assessors

In this consolidated tax certiorari proceeding the court is again confronted with the question of valuing part of a large, well known regional shopping center.

In an earlier case (Matter of Roosevelt Field, Inc., v. Podeyn, 47 Misc 2d 677), the court found full values ranging from $12,300,000 in 1958-1959 to $13,900,000 in 1962-1963. The present proceeding involves only a portion of the tax lots that constitute the entire shopping center. The years now under review are 1966 through 1970, both inclusive, and the relevant tax status dates are May 1, 1965, through May 1, 1969.

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