511 West 232nd Owners Corp. v. Jennifer Realty Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Lerner, J.
In this action to compel the sponsor of a cooperative conversion to sell unsold shares of cooperative units it has held for more than 10 years, we are called to decide the issue of whether the sponsor had a contractual duty to dispose of unsold units within a reasonable time. The record dictates that the question must be answered in the affirmative.
Plaintiffs are the cooperative corporation (co-op) that owns 511 West 232nd Street, Bronx, New York and six shareholder/ proprietary lessees thereof. Defendant, Jennifer Realty Co. is the co-op sponsor and the…
2Cases cited7 opinions
- Wood v. . Duff-GordonNew York Court of Appeals · 1917
- CPC International Inc. v. McKessonNew York Court of Appeals · 1987
- Grossman v. . SchenkerNew York Court of Appeals · 1912
- Orix Credit Alliance, Inc. v. R.E. Hable Co.Appellate Division of the Supreme Court of the State of New York · 1998
- Varo, Inc. v. Alvis PLCAppellate Division of the Supreme Court of the State of New York · 1999
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3Cited by10 opinions
- 511 West 232nd Owners Corp. v. Jennifer Realty Co.New York Court of Appeals · 2002
- Kramer v. W10Z/515 Real Estate Limited PartnershipAppellate Division of the Supreme Court of the State of New York · 2007
- Lujerio Cordero v. Transamerica Annuity Service CorporationCourt of Appeals for the Eleventh Circuit · 2022
- Merin v. Precinct Developers LLCAppellate Division of the Supreme Court of the State of New York · 2010
- Kerusa Co. v. W10Z/515 Real EstateNew York Supreme Court · 2005
5 more not listed; retrieve them via the Exa API.