Estate of Levine v. Assessor of Geddes

Order and judgment unanimously reversed on the law without costs and matter remitted to Supreme Court for further proceedings in accordance with the following Memorandum: In these consolidated proceedings pursuant to Real Property Tax Law article 7, Supreme Court reduced the assessed value of property owned by petitioner in the Town of Geddes for the tax years 1992, 1993 and 1994. The values set by the court are lower than those estimated by either appraiser who testified at trial. Respondent contends that the court’s determinations of market value are unsupported by the evidence and must…