Davis Warehouse, Inc. v. State , 511 N.Y.S.2d 730 ( 1987 )


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  • —Judgment unanimously affirmed, with costs. Memorandum: We find that the highest and best use of the subject property was for continued industrial use for storage purposes. In determining the fair market value of the property, the court properly considered the influence of Corning Glass Works upon the market. We concur in the court’s adjustments to the comparable sale, and we conclude that the court’s determination of fair market value is proper and is consistent with the highest and best use of the property. (Appeals from judgment of Court of Claims, Hanifin, J.—appropriation.) Present—Doerr, J. P., Boomer, Green, Pine and Balio, JJ.

Document Info

Docket Number: Claim No. 64110

Citation Numbers: 126 A.D.2d 957, 511 N.Y.S.2d 730, 1987 N.Y. App. Div. LEXIS 42065

Filed Date: 1/23/1987

Precedential Status: Precedential

Modified Date: 10/28/2024