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COHEN v. 120 OWNERS CORP.

205 A.D.2d 394 (1994)

613 N.Y.S.2d 615

Samuel Cohen, Appellant, v. 120 Owners Corp., Respondent

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

June 21, 1994

Defendant cooperative housing corporation's reallocation of shares appurtenant to professional units in the building other than plaintiff tenant-shareholder's was a proper exercise of its business judgment (see, Matter of Levandusky v One Fifth Ave. Apt. Corp., 75 N.Y.2d 530) in light of the enhanced market value attributable to plaintiff's access to certain building amenities not shared by the others. Plaintiff's argument...

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