THORGEIRSDOTTIR v. NEW YORK CITY LOFT BD.


161 A.D.2d 337 (1990)

Brynhildur Thorgeirsdottir, Appellant, v. New York City Loft Board, Respondent, and 126 Front Street Realty Co., Intervenor-Respondent. (Action No. 1.) In the Matter of 126 Front Street Realty Co., Appellant, v. New York City Loft Board, Respondent. (Action No. 2.) In the Matter of J&L Realty Company, Appellant, v. New York City Loft Board, Respondent and David Sterry et al., Intervenors-Respondents. (Action No. 3.) In the Matter of J&L Realty Company, Appellant, v. New York City Loft Board, Respondent. (Action No. 4.)

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

May 10, 1990


Each of the three landlord-tenant transactions at the core of this appeal involves the situation contemplated by Multiple Dwelling Law § 286 (6) (the Loft Law) that when a departing residential tenant in a building covered by the Loft Law offers landlord, on a first refusal basis, the opportunity to purchase the fixtures and improvements installed by the tenant, and landlord accepts the offer followed by payment in full. The...

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