Elman v. Brown, Harris, Stevens, Inc.

Plaintiff appeals from an order dismissing for legal insufficiency Ms complaint to recover money allegedly paid under duress.

Plaintiff has, since 1946, been a tenant in an apartment building in New York City. In April, 1953, one of the defendants, the managing agent of the building, organized a co-operative corporation to acquire the premises. Under the proposed plan of co-operative ownersMp, the statutory tenants in occupancy were given two weeks within which to exercise their options to purchase stock and proprietary leases. At the time the notice was given to plaintiff, he was on a concert…