East 56th Plaza, Inc. v. Abrams

OPINION OF THE COURT

Con. G. Cholakis, J.

Section 352-eeee of the General Business Law concerns the conversion of buildings to co-operative or condominium ownership in the City of New York. Subdivisions of this section exempt nonpurchasing tenants who are eligible senior citizens or eligible handicapped persons from both eviction and unconscionable rental increases (General Business Law, § 352-eeee, subd 1, pars [e], [f]; subd 2, par [a]). Eligibility for such exemption is determined in accordance with subdivision 4 of the section which reads as follows: “4. Any offeror who disputes the…