POMERANTZ v. CLEARVIEW GARDENS FIRST THROUGH SIXTH CORPS.


77 A.D.2d 651 (1980)

Leatrice Pomerantz, as Administratrix of The Estate of Ethel Rosen, Deceased, Appellant, v. Clearview Gardens First through Sixth Corporations, Respondent

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

July 28, 1980


Order affirmed, with $50 costs and disbursements.

Plaintiff, the owner of a co-operative apartment, agreed to pay defendant, a co-operative corporation, 60% of the price at which she sold her stock, in consideration of defendant's waiver of its option to purchase said stock. The stock was sold for $12,000. Plaintiff now contends that that agreement violated the common-law rule against restraints upon alienation and was unconscionable. The rule against restraints upon...

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