Louis & Anne Abrons Foundation, Inc. v. 29 East 64th Street Corp.

Defendant 29 East 64th Street Corporation (the Cooperative) *259is a cooperative corporation which owns a 50-unit building consisting of 43 residential units and seven ground-floor commercial units. Plaintiff Louis and Anne Abrons Foundation, Inc. holds the shares and proprietary leases to the commercial units and has continually sublet them since becoming a shareholder. In 1978, an earlier dispute arose between the parties primarily concerning the Cooperative’s refusal to renew plaintiffs proprietary leases as the result of certain signs plaintiff contended it was permitted to display. The trial…