Longport Realty Corp., v. Eklund, 44 Misc. 2d 1020 (Sup. Ct., Westchester 1964)
Tax Certiorari & Condemnation – Adjustment By Equalization Rate Comes To Westchester
McCarthy Fingar’s Tax Certiorari & Condemnation lawyers have also represented local towns and municipalities to defend their assessments. Here, on behalf of the Town of Rye, Stephen Davis established for Westchester County tax certiorari practice avoidance of artificially depressed value through overstatement of tax expense when capitalizing net income. Steve persuaded the court to adopt the Nassau County methodology of adjusting the actual tax rate by the ratio of assessed value to full value.