Cohen v. 120 Owners Corp.

Order, Supreme Court, New York County (Beatrice Shainswit, J.), entered May 25, 1993, which granted defendant’s motion for summary judgment dismissing plaintiff’s first and third causes of action, unanimously affirmed, without costs.

Defendant cooperative housing corporation’s reallocation of shares appurtenant to professional units in the building other than plaintiff tenant-shareholder’s was a proper exercise of its business judgment (see, Matter of Levandusky v One Fifth Ave. Apt. Corp., 75 NY2d 530) in light of the enhanced market value attributable to plaintiff’s access to certain…