A judge affirmed Guilderland's tax assessment on Crossgates
Mall Thursday, a victory worth several million dollars in a
decade-old fight over tax rates between the town and the shopping
center.
The battle will continue in mid-March. Town, school board and
mall attorneys have scheduled a court-ordered attempt to settle
remaining cases.
``We get rid of a year or two, and then a couple years get
added on because it's so hard to get rid of,'' said Supervisor
Ken Runion.
The mall's owner, Pyramid Co. of Syracuse, has fought nearly
every town tax assessment since 1993. In 2001, it missed the
deadline to appeal the town's assessment.
The decision by the Appellate Division of state Supreme Court
came in response to an appeal by mall representatives concerning
the 1996-97 and 1997-98 tax years.
During that time, the town said the mall was worth $198 million.
Pyramid put its value at $119 million.
Had Pyramid won this latest appeal, the town would have been
forced to rebate approximately $6 million to Pyramid, Runion
said. The conflict is not over, he added.
The remaining lawsuits total almost as much, at a cost to the
town and school board of more than $500,000 in legal fees.
Crossgates' general manager, management company officials and
attorneys were not available for comment Friday afternoon.