City of Wilkes-Barre Industrial Development Authority v. Board of Tax Assessment Appeals

Opinion by

Judge Doyle,

This is a tax assessment case in which Appellants, City of Wilkes-Barre Industrial Development Authority and the Wilkes-Barre Inn, appeal from the order of the Luzerne County Court of Common Pleas which found the fair market value of Appellant’s property to be $4,758,380.00 for the 1982 tax year.

Appellants are the owners of the Sheraton-Cross-gates Hotel located in downtown Wilkes-Barre, Pennsylvania. On December 22, 1981, Appellants appealed to the Luzerne County Board of Assessment Appeals (Board) from a 1982 tax assessment against their property in the amount of…