New York Court of Appeals May 27, 1975 (Wein v. City of New York)

lead-opinion

Gabrielli, J.

Plaintiff brings this taxpayer’s action seeking a judgment declaring the New York City Stabilization Reserve Corporation Act (L 1974, ch 594) invalid claiming, essentially, that the act is violative of the provisions of article VIII (§ 4, subd [c]) of the State Constitution in that the act sets up a framework and procedure which illegally permits the city to obtain