State Communities Aid Ass'n v. Regan

Motions for leave to appeal denied. The Court of Appeals restates the rule that denial of a motion for leave to appeal is not equivalent to an affirmance and has no precedential value (see, e.g., Matter of Marchant v Mead-Morrison Mfg. Co., 252 NY 284, 297-298 [Cardozo, Ch. J.]; Reich v Bankers Life & Cas. Co. of N. Y., 68 NY2d 729).