Paul Laurence Dunbar Apartments, Inc. v. Nelson

This is a summary proceeding brought to recover possession of a co-operative apartment and for a judgment for the monthly payments stipulated in a lease and subscription agreement under which the tenant is in possession of such apartment. The tenant has admitted his default with respect to the amount claimed *562by the landlord to be due under the part of the agreement designated as the lease, but disputes the landlord’s right to bring summary proceedings for the monthly installments applicable to the principal and interest due on his subscription for stock in the corporation which owns the…