De Christoforo v. Shore Ridge Associates
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Mangano, J.
Does the unexercised right of a deceased lessee of a rent-stabilized apartment to purchase the shares allocated to the apartment, pursuant to an offering plan in existence at the time of the lessee’s death, pass to the lessee’s estate, or does the right expire upon the lessee’s death? This is the crucial issue to be resolved upon this appeal.
We conclude that the right passes to the estate of the deceased.
I
On June 15, 1981, the plaintiff’s decedent, Elaine De Christoforo, entered into a lease with the defendant landlord Shore Ridge Associates, for the…
2Cases cited20 opinions
- O'HARA v. Del BelloNew York Court of Appeals · 1979
- Gustin v. Union School-DistrictMichigan Supreme Court · 1893
- Wissner v. 15 West 72nd Street AssociatesAppellate Division of the Supreme Court of the State of New York · 1982
- Rakowski v. RakowskiAppellate Division of the Supreme Court of the State of New York · 1985
- Joint Properties Owners, Inc. v. DeriAppellate Division of the Supreme Court of the State of New York · 1986
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