Metropolitan Holding Co. v. Board of Review

*137MOSER, P.J.

Metropolitan Holding Company (Metro), a partnership, appeals from a trial court denial of a certiorari review affirming the City of Milwaukee Board of Review's (Board) affirmance of the city tax assessor's valuation of Metro's property for city real property tax assessment purposes, effective January 1, 1988. The parties disagree as to the correct method of assessment for the Layton Garden Addition, a federally subsidized low-income elderly housing project. Metro asserts that a capitalization of income method based upon actual income and expenses is correct while the Board supports…