In re City of New York

In In re City of New York, 25 NY2d 146 (1969), the claimants' expert had testified that the vacant property had a highest and best use as the site for a high-rise apartment building, with a value of $ 3.25 to $ 3.35 per square foot. The city's expert testified that the land had a highest and best use as a site for one and two-family dwellings, with a value of from $ 1.50 to $ .75 per square foot. Without a written opinion, the trial court awarded the claimants $ 2.90 a square foot, and the Appellate Division affirmed.