Appellate Division of the Supreme Court of the State of New York December 22, 1986 (Consolidated Rail Corp. v. State Board of Equalization & Assessment)

OPINION OF THE COURT

Levine, J.

Petitioner operates an interstate railroad and, as such, is eligible for relief from full assessment of local real property taxes pursuant to the provisions of Real Property Tax Law, article 4, title 2-B, commonly known as the Purcell Act.