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CON ED v. 10 W. 66TH ST.

61 N.Y.2d 341 (1984)

Consolidated Edison Company of New York, Inc., Appellant, v. 10 West 66th Street Corporation et al., Respondents.

Court of Appeals of the State of New York.

Decided March 27, 1984.

Attorney(s) appearing for the Case

Charles E. McTiernan, Jr., and Andrew J. Czerepak for appellant.

Steven R. Lapidus and Stanford M. Singer for respondents.

Edmund F. Wolk and Dominic M. Lapresi for Lenox Hill Hospital, amicus curiae.

Chief Judge COOKE and Judges JASEN, JONES, WACHTLER, SIMONS and KAYE concur.

MEYER, J.

A corporate tenant which qualifies as a "tenant in occupancy" under the Code of the Rent Stabilization Association of New York City, Inc. (Rent Stabilization Code), on the date a co-operative conversion plan is presented to tenants is entitled to purchase in its own name the shares in the co-operative corporation allocated to its apartment, notwithstanding...

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