383 MADISON ASSOCS. v. CITY OF NEW YORK


193 A.D.2d 518 (1993)

598 N.Y.S.2d 180

383 Madison Associates, Appellant, v. City of New York et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

May 20, 1993


Plaintiff owns a building site in the vicinity of Grand Central Terminal, a designated landmark, and together with successors in interest of the Penn Central Corporation, applied to the City Planning Commission for a special permit allowing for the transfer of transferable development rights to be used to develop a 74-story building on plaintiff's site.

The application was rejected after a protracted process marked by numerous...

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