2 Fifth Avenue Tenants Ass'n v. Abrams

— Order of the Supreme Court, New York County (Peter Tom, J.), entered on May 28, 1991, which inter alia, denied respondents’ motion for summary judgment, is unanimously affirmed, with costs and disbursements.

This proceeding arises out of the offering plan for, and subsequent conversion of, 2 Fifth Avenue in Manhattan into a cooperative residence under an arrangement which would necessitate renting the land under the building from the sponsor pursuant to a long-term ground lease. As ultimately accepted, the plan advised buyers that the lease required the cooperative corporation to maintain…