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  5. 70 N.Y.2d 849 (1987)
 

SCRUGGS-LEFTWICH v. RIVERCROSS TENANTS' CORP.

70 N.Y.2d 849 (1987)

Yvonne Scruggs-Leftwich, as Commissioner of the New York State Division of Housing and Community Renewal, Appellant, v. Rivercross Tenants' Corp. et al., Respondents.

Court of Appeals of the State of New York.

Decided November 19, 1987.

Attorney(s) appearing for the Case

Robert Abrams, Attorney-General (Judith T. Kramer, O. Peter Sherwood and Harvey M. Berman of counsel), for appellant.

Judah Gribetz, Paul G. Burns and Brian T. Fitzpatrick for respondents.

Chief Judge WACHTLER and Judges SIMONS, KAYE, TITONE, HANCOCK, JR., and BELLACOSA concur in memorandum; Judge ALEXANDER taking no part.

MEMORANDUM.

The order of the Appellate Division should be reversed, with costs, and the judgment of the Supreme Court reinstated.

Respondent Rivercross Tenants' Corp. (Rivercross) operates a residential apartment cooperative facility located on Roosevelt Island in New York City. Rivercross was incorporated in the mid-1970's by the Urban Development Corporation (UDC) pursuant to article II of the Private Housing Finance...

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