2006 New York Code - Valuation Of Agricultural Structures.

 
    §  582.  Valuation of agricultural structures. Structures used on land
  used in agricultural production located within an agricultural  district
  and/or  on  property receiving an agricultural assessment as provided in
  article twenty-five-AA of the  agriculture  and  markets  law  shall  be
  assessed  at  an  amount  not  to  exceed the cost of replacement new at
  current prices less a deduction for physical depreciation calculated  in
  accordance  with the assessor's manual distributed by the office of real
  property  services,  and  if   applicable,   functional   and   economic
  obsolescence.  For  the  purpose  of  this  section, structures shall be
  defined as those used:
    1. For the production or storage of  crops,  livestock,  or  livestock
  products  as defined in section three hundred one of the agriculture and
  markets law;
    2.  For  the  storage  of  equipment  and/or  supplies  used  in  such
  production;
    3.  In whole or in part as farm labor dwellings, except for structures
  which are  used  as  the  principal  residence  of  the  owner  of  such
  structure; or
    4.  For on farm processing or on farm retail merchandising, so long as
  at least seventy-five percent of the annual volume of such processing or
  such merchandising utilizes crops, crop products, livestock or livestock
  products, as defined in section three hundred one of the agriculture and
  markets law, produced on such land owned or operated by such applicant.