The opinion of the court was delivered by BRODY, J.A.D.
Plaintiff, the owner of a 483-unit high-rise cooperative apartment building in the Borough of Fort Lee (Borough), appeals from a Tax Court judgment setting the property's assessment for the 1987 tax year. The trial judge equated the property's value with the total value of the cooperative's shares, using as comparables the prices for which shares were sold to outsiders within about a year before and after the...
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