SAYERS v. 510 PARK AVE. CORP.


49 A.D.2d 818 (1975)

Theodore R. Sayers et al., Respondents, v. 510 Park Avenue Corporation, Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

October 2, 1975


As a result of a default by plaintiffs, former owners of a co-operative apartment under a proprietary lease, said lease was terminated and plaintiffs thereafter evicted. Following repossession, defendant co-operative corporation sold the apartment for $75,000 and, after computing expenses in the amount of $48,255.63, offered plaintiffs the sum of $26,744.37 conditioned upon delivery of a general release by plaintiffs in defendant's favor. Plaintiffs refused the requested...

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