Legal Opinion
Town of Fishkill v. Royal Dutchess Properties, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided April 30, 1998Published
1Opinion of the Court
OPINION OF THE COURT
Yesawich Jr., J.
In 1984 respondent Comptroller, in his capacity as trustee of the Common Retirement Fund of the State of New York (hereinafter CRF)—a trust fund holding the bulk of the assets of the New York State and Local Employees’ Retirement System and the New York State and Local Police and Fire Retirement System (see, Retirement and Social Security Law § 422)— extended a $15 million loan of fund assets to the owner of a shopping mall in the Town of Fishkill, Dutchess County. The loan was secured by a mortgage on the mall property. When the owner subsequently…
2Cases cited7 opinions
- Glassman v. GlassmanNew York Court of Appeals · 1956
- Easley v. New York State Thruway AuthorityNew York Court of Appeals · 1956
- Town of Fishkill v. Royal Dutchess Properties, Inc.Appellate Division of the Supreme Court of the State of New York · 1996
- MacFarland-Breakell Building Corp. v. New York State Thruway AuthorityAppellate Division of the Supreme Court of the State of New York · 1984
- New York State Teachers' Retirement System v. SrogiAppellate Division of the Supreme Court of the State of New York · 1981
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