According to the judge's opinion:

The movants have not demonstrated that they have a First Amendment right to remain in Zuccotti Park, along with their tents, structures, generators, and other installations to the exclusion of the owner's reasonable rights and duties to maintain Zuccotti Park, or to the rights to public access of others who might wish to use the space safely. Neither have the applicants shown a right to a temporary restraining order that would restrict the City's enforcement of law so as to promote public health and safety.

An earlier rumor that the judge had ruled in favor of the protesters had resulted in mistaken jubilation and a call for protesters to "Bring your sleeping bags, tarps and signs to Liberty Plaza!"