Plaintiff, allegedly a subtenant in premises owned by defendant Badem, claims to be the primary tenant of apartment 5-A in premises 469 West 57th Street. The premises were leased to defendant Elarat who, with the consent of Badem, sublet the premises to plaintiff. Inasmuch as Elarat never entered into possession, plaintiff, when the building was to be converted to cooperative ownership, claimed the right to purchase the shares allocated to the apartment at the insider price...
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