Matter of City of New York

Memorandum. We affirm the determination reached by the Appellate Division. The condemnor’s evidence of value consisted of the traditionally accepted standard of comparable sales of adjacent parcels, and the record reveals this to be the only valid evidence of value. Claimants failed to substantiate their contention that the highest and best use of the condemned parcels, situated in an area zoned for light manufacturing, was for the erection of a community shopping center. Their evidence in this regard related to the physical feasibility of such a complex without any reference to or evidence…