New York Court of Appeals December 16, 1992 (400 East 64/65th Street Block Ass'n v. City of New York)

Motions for leave to appeal denied. The Court of Appeals *737restates the rule that denial of a motion for leave to appeal is not equivalent to an affirmance and has no precedential value (see, e.g., Matter of Marchant v Mead-Morrison Mfg. Co., 252 NY 284, 297-298 [Cardozo, Ch. J.]; Estate of Berwick v State of New York, 76 NY2d 884).