JP Morgan Chase Bank last week filed an appeal in state Superior Court that challenges the town’s decision to uphold a recent $4.8 million assessment of its Main Street building.
The bank also is suing New Canaan over the Board of Assessment Appeals’ decision to uphold its $2.4 million valuation of a drive-thru facility off of East Avenue, according to court filings.
The valuations of 122 Main St. and 21 East Ave. are “grossly excessive, disproportionate and unlawful,” attorney Steven Nagengast of New York City-based Janata, Lacap & Hazen LLP said in the appeal, received May 7 by the Town Clerk.
“The applicant is aggrieved by the action of the Board of Assessment Appeals of the town in that, as the taxpayer of the subject real property, it will be responsible for its property taxes based upon the unlawful assessment if the action of the Board of Assessment Appeals is upheld,” the suit said.
Also on May 7, the Town Clerk received an appeal filed on behalf of the owner of commercial property on Cross Street that challenges the Board’s decision to uphold the town’s $5.9 million assessment. Attorneys Adam Blank and Gessi Giarratana of Stamford-based Wofsey, Rosen, Kweskin & Kuriansky LLP filed the appeal regarding 16 Cross St. The plaintiff is listed as Nestledown LLC, whose principal is listed in Connecticut Secretary of the State records as a Smith Ridge Road man.