Recently, the Second Department affirmed an additional allowance pursuant to EDPL Sec. 701 to the extent of awarding $233,391.46. Matter of Village of Spring Valley (Little Angel Day Care Center, Inc.). Joshua H. Rikon tried the trade fixture claim and argued the appeal. The Village, as it has in past cases, offered a low-ball appraisal and paid an advance payment of $90,960. The trial court awarded $469,114 as just compensation. The award was previously affirmed and claimant thereafter moved for the additional allowance. Little Angel was fully… read more
April 22, 2019