Grandway Associates is a limited partnership which was organized on May 22, 1980 to acquire, and subsequently convert to cooperative ownership, the limited partnership's sole asset, an apartment building in Queens. A written partnership agreement was executed on May 22, 1980 and a certificate of limited partnership was filed the next day. In anticipation of admitting investors as limited partners, the partnership agreement was amended and restated on June 30, 1980, effective...
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