Krieger v. Mayor of Baltimore

In this condemnation case the property owner complains that an erroneous instruction caused the jury to bring in too low an award.

The right of Baltimore City to condemn and the fact that an irredeemable ground rent of $130 annually on the property had a fair value of $2,600 were stipulated. The only issue for the jury was the fair value of the owner’s leasehold interest in the four-story business building and the underlying land at Baltimore and Greene Streets.

The real estate expert who testified for the City used three methods of appraisal — that of replacement cost less depreciation,…