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THE PEOPLE OF THE STATE OF NEW YORK ex rel. McGRAW-HILL BUILDING CORPORATION, Respondent, against WILLIAM E. BOYLAND et al., Constituting the Tax Commission of the City of New York, Appellants. [320-342 W. 42nd St. and 323 W. 42nd St., Borough of Manhattan.]

Order, so far as appealed from, unanimously modified by fixing the value of the building in Lot 48 for each of the tax years herein involved at $2,800,000, so that the assessment will be as follows: Land $600,000; Building $2,800,000; Total $3,400,000 and, as so modified, affirmed, with $20 costs and disbursements to the appellants upon the ground that the court at Special Term failed to give proper consideration to the increase in building values. Settle order on notice.

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PEOPLE EX REL. McGRAW-HILL BLDG. CORP. v. BOYLAND
(May 13, 1952)