Posts Tagged: Trial

April 12, 2016

When is a sale not the best evidence of value?

When is a sale not the best evidence of value for tax assessment purposes? We cannot tell you the number of times municipalities have refused to resolve a pending tax review proceeding due to a subject property sale. We recently were successful in the Appellate Division, Second Department of the New York State Supreme Court, modifying a trial court’s determination of the value, for property tax assessment purposes, of a golf and country club in Westchester County. The subject property had been sold by the country club to our clients, who were neither golf course… Read more »