Honeoye Storage Corp. v. Board of Assessors

OPINION OF THE COURT

Moule, J.

The question presented on this appeal is whether certain equipment at the compressor station of the Honeoye Stor*469age Corporation in the Town of Bristol was properly classified as taxable real property by the State Board of Equalization and Assessment.

Honeoye Storage Corporation (Honeoye), a New York corporation subject to taxation under article 9-A of the Tax Law, operates an underground natural gas storage field in the Towns of Richmond and Bristol, Ontario County. As part of its business, it receives natural gas from a pipeline carrier which is pumped into its…