Appellate Division of the Supreme Court of New York, 1987

Davis Warehouse, Inc. v. State

Davis Warehouse, Inc. v. State
Appellate Division of the Supreme Court of New York · Decided January 23, 1987
126 A.D.2d 957; 511 N.Y.S.2d 730; 1987 N.Y. App. Div. LEXIS 42065
Davis Warehouse, Inc. v. State

Opinion of the Court

—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.

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