Lincoln Guild, originally organized as a mutual redevelopment company pursuant to the Private Housing Finance Law, was not subject to the anti-warehousing provisions of General Business Law § 352-eeee (2) (e) in its conversion to private ownership. General Business Law § 352-eeee regulates offering "plans", defined as an "offering statement * * * for the conversion of a building * * * from residential rental status to cooperative or condominium ownership." (General...
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