Plaintiff Demas is the owner of 550 shares allocated to a penthouse apartment PHW in the cooperative apartment building located at 325 West End Avenue, and the tenant under the appertaining proprietary lease. Her coplaintiff husband, Allyn, resides in the apartment with her. Defendant is the cooperative corporation which owns and manages the building through its board of directors (Board). At the core of this action is plaintiffs' contention that the Board has arbitrarily...
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