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GROSSMAN v. 240 VENTURE ASSOCS.

116 A.D.2d 480 (1986)

Jacob Grossman et al., Respondents, v. 240 Venture Associates et al., Defendants, and Lucille Fischer, Individually and as Executrix of Malvina Fischer, Deceased, Appellant

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

January 9, 1986

This action was commenced by plaintiffs in November 1984. They sought specific performance of their alleged right to make insider purchases of apartments 3A, 3C and 5A at 240 West 75th Street pursuant to a cooperative conversion plan for the building which was accepted for filing by the Attorney-General earlier in 1984. Pursuant to the conversion plan, insiders were required to execute good-faith statements indicating that they would make personal use of any apartment they...

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