4260 Broadway Realty Co. v. Assimakopoulos

Order, Supreme Court, New York County (Alice Schlesinger, J.), entered March *6274, 1999, which, after a hearing, directed that a new election of non-sponsor members of the subject condominium’s board be held with the full participation of unit owners who purchased their units from the sponsor after the notice of the original election was sent but before such election was held, unanimously affirmed, without costs.

The motion court’s finding that the new owners were bona fide purchasers of their units is supported by the evidence and should stand. The financing offered by the sponsor to the new…