On this appeal, we are asked to determine whether the rezoning of plaintiff's property from a business to residential category results in an unconstitutional exercise of the police power in contravention of the due process clauses of the Federal and State Constitutions (US Const, 14th Amdt, § 1; NY Const, art I, § 6).
In 1963, Pellwood Corporation, plaintiff's predecessor in title, whose principals are plaintiff's copartners...
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