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...
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