New York Supreme Court Rules in Favor of Gyrodyne in Article 78 Proceeding
GYROGyrodyne(GYRO) GlobeNewswire News Room·2024-10-16 19:00

ST. JAMES, N.Y., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (NASDAQ: GYRO) ("Gyrodyne") today announced that the Supreme Court of the State of New York issued a decisive ruling in favor of Gyrodyne, dismissing a petition brought by the St. James - Head of the Harbor Neighborhood Preservation Coalition, Inc. and several individuals seeking a judgment to vacate the Town of Smithtown Planning Board's approval of Gyrodyne's eight-lot subdivision of its Flowerfield property. On October 11, 2024, after an ex ...