The Problem: Partnership dispute comprising fifteen apartment buildings located in the borough of Brooklyn requiring separate and aggregate retrospective market values as of August, 2011 for each ownership entity.
The Solution: Compiled actual and market derived income and expense information to formulate an income capitalization approach for each property augmented by relevant retrospective market indices. Result formulated separate retrospective values for each property as the basis of the partnership ownership interest valuation.
The Result: Court decision closely approximated our indicated aggregate value opinion for each ownership entity.
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