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DECHRISTOFORO v. SHORE RIDGE

116 A.D.2d 123 (1986)

Richard De Christoforo, Individually and as Executor of Elaine De Christoforo, Deceased, Respondent, v. Shore Ridge Associates et al., Appellants

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

March 31, 1986

Attorney(s) appearing for the Case

Norman S. Langer (Irving Lederman of counsel), for appellants.

Kalman Kaplan for respondent.

LAZER, J. P., BROWN and KOOPER, JJ., concur.

MANGANO, J.

Does the unexercised right of a deceased lessee of a rent-stabilized apartment to purchase the shares allocated to the apartment, pursuant to an offering plan in existence at the time of the lessee's death, pass to the lessee's estate, or does the right expire upon the lessee's death? This is the crucial issue to be resolved upon this appeal.

We conclude that the right passes to the estate...

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