Constitutionality of NIFA takeover upheld
GalleriesNassau County Executive Edward Mangano
A judge Monday denied Nassau's efforts to block a takeover of its finances, upholding the constitutionality of a state watchdog and allowing it to move ahead with a control period.
In his ruling, State Supreme Court Justice Arthur Diamond upheld the right of the Nassau Interim Finance Authority to impose financial controls on the county.
"In this court's view, a balancing of the...