This month in real estate history

A look back at some of New York City's biggest real estate stories

Former Chief Justice Warren Burger
Former Chief Justice Warren Burger

From the May issue: 1970: Court rules in favor of church tax exemptions

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The U.S. Supreme Court ruled 43 years ago this month that religious organizations were exempt from paying state property taxes. The landmark case rejected a lawsuit filed by a New York property owner who claimed that the state law exempting religious organizations from paying into the public coffers was unfair to other owners. [more]