New York Court of Appeals
In the Matter of Symphony Space, Inc., Appellant v. Harry S. Tishelman, as Commissioner of Finance of the City of…
July 12, 198360 N.Y.2d 33
Summary
The New York Court of Appeals reversed the Appellate Division and granted Symphony Space, Inc. tax exemption for its theatre property under section 420-a of the Real Property Tax Law. The Court held that the organization’s charitable, educational, and moral improvement activities satisfy the statutory categories, that incidental commercial rentals do not defeat exemption, and that performing‑arts properties are not excluded by other sections of the tax code.