Onondaga Savings Bank v. Srogi

— Order and judgment unanimously affirmed, with costs. Memorandum: The record supports the determination of the trial court in its reduction of the assessment (see Matter of Pepsi-Cola Co. v Tax Comm., 19 AD2d 56, 61). Whether the actual rent charged by the bank to itself for its own occupancy is a reliable index of full value and economic rent was a question of fact for the trial court to resolve (see Matter of Henry Distr. Corp. v Srogi, 91 AD2d 818; see, also, Matter of Merrick Holding Corp. v Board of Assessors, 45 NY2d 538). The capitalization rates adopted by the trial court are…