Walentas v. Populizio

OPINION OF THE COURT

Alan Saks, J.

CPLR article 78 application denied and petition dismissed on the merits.

Petitioner, the owner of a building, attempted to convert it to cooperative ownership under an eviction plan. When the plan was first offered to the tenants in June, 1979, seven rent-stabilized tenants (the intervenors-respondents) chose not to buy. The plan was declared effective in August, 1980. When the building was transferred to the cooperative corporation, the shares of these apartments were transferred to petitioner. Thereafter, in August, 1980, these tenants, who would have become…