DECISIONS
Michael Rikon recovered $23,760,000 for the taking of 620-28 Eighth Avenue in the 42
Street Development Project Site 8 South. The award followed an eight day trial. The
New York State Urban Development Corporation's pre-vesting offer was $12,700,000.
Michael Rikon won an award after trial of $1,087,000 plus interest from the Court of Claims in Chester Industrial Park v. State. The advance payment was $563,000.
M. Robert Goldstein won $3,948,000 plus interest in Queens Supreme Court judgment in the claim of One Wierfield Street Assoc v New York City School Construction Authority. The advance payment was $2,950,000.
Michael Rikon won $300,000 for the trade fixture claim of Greatest Estate Services in the Village of Port Chester condemnation. The Village's appraisal was $19,117.
M. Robert Goldstein recovered an award after trial in the Malba Cove decision for $9,064,480.00 plus interest. The City of New York's in Kings County Supreme Court appraised damages were $890,000.00.
The Appellate Division First Department affirmed (with slight modication) an award made in a trade fixture claim handled by Michael Rikon in Kaiser Woodcraft v. City. Bronx Supreme Court awarded $525,000.00 and on appeal it was modified to $509,760.00 plus interest. The City's appraisal was $128,936.00.
Philip Sanchez won an important decision in the Appellate Division, Second Department in Matter of Mill Creek Phase 1 (Vigliarolo) limiting tax liens to 6% interest after title vesting instead of 18%.
Michael Rikon won an affirmance in the Appellate Division, Second Department in Your Dream Homes, Inc. v. City of New York 23 AD3d 479, affirming an award by Supreme Court for $1,434,600.00. The City's advance payment was $125,000.00. Subsequently, an additional $100,000.00 was recovered for reimbursement of legal and appraisal fees.
Michael Rikon won an affirmance from the Appellate Division, Fourth Department in Settco, LLC v. USA Niagara County Supreme Court for $5,107,500.00 plus 9% interest. The Condemnor's appraisal was $3,750,000.00.
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