New York Governor Eliot Spitzer leaves with his wife Silda Wall after addressing the media at his office in New York, March 10, 2008. (Xinhua/Reuters Photo)

Governor Eliot Spitzer of New York State is reportedly resigning in the aftermath of disclosure that he was a repeated client of a high-priced prostitution ring.

Aides to Spitzer and his deputy, Lt. Gov. David Paterson, are discussing a transfer of power Tuesday, CNN reported Tuesday, quoting a top legislative staffer.

Spitzer, who has not been seen since his brief press conference Monday afternoon, is said to be considering his legal options. NY1 television station, citing a spokesman, said Spitzer has hired a big law firm to defend him,