The New York Supreme Court, Appellate Division, affirmed a lower court’s judgment that granted a petition to annul determinations made by the New York City Department of Finance. The case involved a taxpayer’s request to reclassify and reassess two vacant lots from tax class four to tax class one. The Department initially denied the requests, but the court found this to be an error of law. The court reasoned that vacant land zoned residential and located within New York City but outside Manhattan should be classified as tax class one, regardless of any commercial overlay. [In re Wavebrook Assocs. v. ...