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MATTER OF CITY OF NEW YORK (VEDBEL CORP.)

282 A.D. 225 (1953)

In the Matter of The City of New York, Respondent, Relative to Acquiring Title to Real Property Bounded by West 235th and Other Streets, in the Borough of The Bronx, Selected as a Site for Public School No. 24. Vedbel Corporation, Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

June 19, 1953.

Attorney(s) appearing for the Case

Monroe Goldwater of counsel (Harry Rodwin and Bernard Katz with him on the brief; Goldwater & Flynn, attorneys), for appellant.

Benjamin Offner of counsel (Harry E. O'Donnell and Reuben Levy with him on the brief; Denis M. Hurley, Corporation Counsel, attorney), for respondent.

PECK, P. J., GLENNON, COHN, BREITEL and BERGAN, JJ., concur.

Per Curiam.

We think that the award in this condemnation proceeding was adequate, whether the property taken be valued for business or residential use.

Claimant acquired a vacant tract of 2,208,000 square feet adjoining the Henry Hudson Parkway in the vicinity of West 235th Street in the year 1945 for $450,000. In 1949 it prepared a site plan for the development of the entire area as a residential section containing...

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