4950 Powhatan Building Corp. v. Mills

This appeal presents the single question of whether cooperative apartment assessments, which accrued subsequent to the death of a proprietary leaseholder, constitute a claim for “expenses of administration” against the estate of the decedent.

Claimant, 4950 Powhatan Building Corporation, is the owner of an apartment building, operated under what is commonly called a “co-operative” arrangement. Prior to her decease, Carrie L. Desisles had purchased shares of stock in the claimant corporation and had entered into a proprietary lease with claimant. Under the terms of the lease, decedent, as…