NY Justices Step Into Condo's $5M Tax Assessment Fight

Law360, New York (March 24, 2014, 6:27 PM EDT) -- New York's highest court asked on Monday how much evidence a private appraiser should have been required to present to back up his $4.4 million valuation of French Oaks Condominium's 39-unit property, in a dispute over the town of Amherst's $5.2 million tax assessment.

The town claimed the New York Appellate Division's Fourth Judicial Department erred in affirming MBA Consulting & Appraisal Co. appraiser Robert Strell's lower valuation, because his work wasn't up to snuff.

Amherst, N.Y., argued that decisions upholding his valuation could threaten the...
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