The People of the State of New York ex rel. Fifteen Park Row Corporation et al., Appellants-Respondents, against Harry B. Chambers et al., Constituting the Tax Commission of the City of New York, Respondents-Appellants. [3 and 13-21 Park Row, Borough of Manhattan.]

The People of the State of New York ex rel. Fifteen Park Row Corporation et al., Appellants-Respondents, against Harry B. Chambers et al., Constituting the Tax Commission of the City of New York, Respondents-Appellants. [3 and 13-21 Park Row, Borough of Manhattan.] [MAJORITY] Considering all the relevant factors we deem that the order appealed from should be modified to fix the assessed valuations of the properties involved herein for the years 1943-44, 1944r-45 and 1945-46 as follows: 3 Park Bow Land Building Total $100,000 $20,000 $120,000 15 Park Bow $650,000 $250,000 $900,000 And so modified the order is affirmed, with $20 costs and disbursements to the appellants the Tax Commission of the City of New York. Present — Martin, P. J., Cohn, Callahan, Peck and Van Voorhis, JJ.; Martin, P. J., dissents in a memorandum .as follows: On a prior appeal the court had occasion to consider the value of these properties and for the tax year 1942-43 found values as follows: 3 Park Bow Land Building Total $110,000 $25,000 $135,000 15 Park Bow $725,000 $294,000 $1,019,000 ■ (People ex rel. 15 Park Row Corp. v. Lilly, 268 App. Div. 961.) The record now before the court does not warrant a further reduction. A slight improvement in real estate values is indicated. Considering all the relevant factors, I am of the opinion that the order appealed from should be modified to fix the assessed values of the properties involved for the years 1943-44, 1944-45 and 1945-46 as follows: _ ; 8 Park Bow Land Building Total $115,000 $22,500 $137,500 15 Park Bow Land Building Total $725,000 $290,000 $1,015,000, and, as so modified, affirmed, without costs. Settle order on notice.