Matter of Morris Investors, Inc. v. Comm'r of Fin. of the City of New York

69 N.Y.2d 933 (1987)

In the Matter of Morris Investors, Inc., et al., Respondents,

v.

Commissioner of Finance of the City of New York, Appellant.

Court of Appeals of the State of New York.

Argued March 24, 1987.

Decided April 30, 1987.

Peter L. Zimroth, Corporation Counsel (Joel A. Newman, Glenn Newman and Stanley Buchsbaum of counsel), for appellant.

Morton Kaner for respondent.

Chief Judge WACHTLER and Judges SIMONS, KAYE, TITONE, HANCOCK, JR., and BELLACOSA concur in memorandum; Judge ALEXANDER dissents and votes to reverse in an opinion.

MEMORANDUM.

The order of the Appellate Division should be…