Wein v. City of New York

Defendants’ motion to dismiss the complaint pursuant to CPLR 3211 (subd. [a], par. 3) and CPLR 3211 (subd. [a], par. 7) is disposed of as follows:

This taxpayer’s action brought pursuant to section 51 of the General Municipal Law seeks a declaratory judgment that: (1) The New York City Stabilization Reserve Corporation Act (SRCA) (Public Authorities Law, tit. 26, as added by L. 1974, ch. 594) violates article VIII and article X of the Constitution of the State of New York; and (2) $700,000,000 in bonds and notes including $260,000,000 in bonds and notes of the Stabilization Reserve Corporation…