Adams Hotel Owners, Inc. v. Wolf

The requirements' of subdivision 1 of section 711 of the Real Property Actions and Proceedings Law apply to a holdover proceeding, by a co-operatively organized stock corporation owner against a stockholder tenant, under a proprietary lease providing for termination of the tenancy upon a finding of undesirability by the board of directors (1220 Park Ave. Corp. v. Clare McKenzie-Monell, N. Y. L. J., Jan. 15,1965, p. 14, col. 8, affd. 24 A D 2d 840). However, in the absence of a formal submission by the parties to an agreed statement of facts, or a trial record of the independent proof adduced…