American Dock Co. v. City of New York

While I agree with a number of the legal conclusions arrived at by Special Term, I think that it erred in several respects with regard to the law applicable to this case and thus arrived at an improper conclusion with respect to the problem presented. In the first place I think that the court erred in holding that the contract between the City of New York and the New York Foreign Trade Zone Operators Incorporated was a lease. No estate in real property was granted under this contract. It was an agreement for the operation of the foreign trade zone by the corporation as agent for and under the…