Mohonk Trust, Appellant v. Board of Assessors of Town of Gardiner, Respondent. (And Another Proceeding.)

Summary

The New York Court of Appeals held that a trust qualifies as a "corporation or association" under §421 of the Real Property Tax Law and that land used for environmental and conservation purposes constitutes a charitable use, reversing the lower courts and granting the Mohonk Trust’s exemption petitions.