The Libertarian Party was established in 1971 and soon after many states started to work to form state parties. In New York, the party became known as the "Free Libertarian Party." On April 22, 1972, the first meeting of the New York Libertarian was held, in which Ed Clark was elected Temporary Chair.
In the June—July 1972 edition of The Libertarian Forum, Murray Rothbard reported that he joined the Academic Advisory Board for the party. Founding members of the party include Edward and Alicia Clark and Jerome J. Klasman. Clark served as the Temporary State Chairman as early as April 1972, when Guy Riggs was running for State Assembly, as one of the first Libertarian candidates in the state. Two other Libertarians ran as candidates in 1972: Walter Block for State Assembly and Gary Greenberg for U.S. House.