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PITTSBURGH OUTDOOR ADV. C. APPEAL

440 Pa. 321 (1970)

Pittsburgh Outdoor Advertising Corporation Appeal. Urban Redevelopment Authority of Pittsburgh Appeal.

Supreme Court of Pennsylvania.

October 9, 1970.

Attorney(s) appearing for the Case

Frank W. Ittel, with him Blair S. McMillin, and Reed, Smith, Shaw & McClay, for condemnee.

Richard W. Kelly, with him Richards & Kelly, for condemnor.

Before BELL, C.J., COHEN, EAGEN, O'BRIEN, ROBERTS and POMEROY, JJ.

OPINION BY MR. JUSTICE POMEROY, October 9, 1970:

In this case the Urban Redevelopment Authority of Pittsburgh (the Authority) condemned two leasehold interests of Pittsburgh Outdoor Advertising Corporation (Outdoor) in a building, the fee of which had already been acquired by the Authority by purchase from the owner. The problem presented on this appeal is the proper method of valuing these leasehold interests, that is, Outdoor...

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