Pagano Realty Corp. v. O'Dwyer

Motion by the respondents constituting the board of estimate and the City of New York to dismiss the petition herein for insufficiency is granted. The petitioners seek to restrain the board of estimate and the City of New York from considering, voting and approving the alleged plan set forth in the petition and from entering into the alleged agreement with the respondent New York Life Insurance Company. The petitioners seek also to restrain the respondent New York Life Insurance Company from taking any steps in furtherance of the plan. The proceeding has been brought pursuant to article 78 of…