The case involves a dispute among members of the Elghanayan family over ownership of corporate shares in the apartment building known as Olympia House, at 279 East 44th Street in Manhattan. The building was owned by plaintiff Olympia House, Inc., all of whose shares were owned by plaintiff Olympic Estates, Inc. Prior to 1974, Davoud Elghanayan was the record owner of all interest in Olympic Estates. During that year
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