Plaintiff Penthouse Terraces, Inc., owner of a 15th-floor unit of an apartment building located at 988 Fifth Avenue, commenced the instant action in October 1988 against Thomas J. McGrath as president of the board of managers, and the board itself (collectively referred to as defendants), to allow it to obtain necessary municipal permits to make proposed alterations on the unit. Plaintiff asserted various causes of action by which it sought monetary damages totaling $2,000...
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