NY Gov. Paterson won't run for a full term

Update: Gov. Paterson did announce Fri afternoon that he will not see election this fall.

(CNN) - Embattled New York Gov. David Paterson is expected to announce later Friday that he won't seek a full term in office, but will remain as governor for the rest of the year, a Democratic Party source tells CNN.

Paterson is expected to go before cameras later Friday in New York City.

Full story at CNN Political Ticker.

This is important to the Green Party of NY as the only way to get and maintain ballot status in NY is for a party's candidate for governor to get 50,000 votes or more in the quadrennial election.

The Green Party of NY is currently in its process of determining the candidate for governor and the other statewide offices. The convention will be held in May in the capital area.

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