O'FLAHERTY v. SCHWIMMER


158 Misc.2d 420 (1993)

601 N.Y.S.2d 381

Anthony O'Flaherty et al., Individually and as Shareholders of 126 Chambers Street Corp., Plaintiffs, v. Roslyn Schwimmer, Individually and as Administratrix of The Estate of Sol Schwimmer, Deceased, Defendant.

Supreme Court, New York County.

July 12, 1993


Attorney(s) appearing for the Case

Michael M. Premisler for defendant. Robert Swetnick for plaintiffs.


PETER TOM, J.

The novel issue raised by this motion is whether a majority shareholder of a loft building or an interim multiple dwelling, whose shares of stock represent primarily commercial space, has an obligation to pay her proportionate share to legalize the building pursuant to article 7-C of the Multiple Dwelling Law.

In the mid-1970's, the individual parties in this action, through 126 Chambers...

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