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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