New York Supreme Court Affirms Order Restoring Property Tax Exemption for Playland Park

The New York Supreme Court, Appellate Division, affirmed an order granting summary judgment to Westchester County and Standard Amusements, LLC, restoring a tax exemption for Playland Park under RPTL 406(1). In 2021, the County and Standard Amusements entered into an agreement for the latter to manage Playland Park, which is classified as tax-exempt because it is municipally owned land. In 2022, the City of Rye revoked the tax exemption, claiming that Standard Amusements had become a beneficial owner and that the park was no longer being operated for public purposes. However, the appellate division concluded that the County’s agreement with ...