The moving parties sought leave to appeal a decision of the Assessment Review Board that reclassified a portion of their property from commercial to industrial.
The property was occupied by two related but separate corporations, one a manufacturer and one a distributor, under separate leases.
The court granted leave to appeal, finding reason to doubt the correctness of the Board's decision to treat the two lessees as one corporation and its application of the statutory provisions, and concluding the issue was of sufficient importance to warrant Divisional Court review.
