NOSTRAND GARDENS COOP., INC. v. BALL


133 A.D.2d 679 (1987)

Nostrand Gardens Cooperative, Inc., Appellant, v. Phyllis Ball et al., Respondents

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

October 13, 1987


Ordered that the judgment is affirmed, with costs.

This controversy involves a dispute over the amount to be paid to the estate of a deceased stockholder of cooperative shares of an apartment. The tenant stockholder died on August 21, 1985, and the defendants, coexecutrices of his estate, offered to sell the shares back to the cooperative pursuant to its corporate bylaws and the occupancy agreement. On the date of the tenant stockholder's death, a resale policy was...

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