
    In the Matter of Gramercy Company, Respondent, against William E. Boyland et al., Constituting the Tax Commission of the City of New York, Appellants.
   Order unanimously reversed on the facts, with costs to the appellants, and the assessment in the amount of $300,000 is reinstated. The total assessment value is justified by the record. Settle order. Concur — Botein, P. J., Rabin, Frank, McNally and Stevens, JJ.  