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RACHMANI v. 9 E 96TH ST CORP.

211 A.D.2d 262 (1995)

Rachmani Corporation, Formerly Known as Jay Y. Rachmani Real Estate, Inc., Appellant, v. 9 East 96th Street Apartment Corporation, Respondent, et al., Defendants

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

May 16, 1995

Attorney(s) appearing for the Case

Robert Kraus of counsel (Rosen & Livingston, attorneys), for respondent.

Gerald M. Levine of counsel (Calotta Levine Samuel & Schreiber, attorneys), for appellant.

ROSS, NARDELLI, WILLIAMS and TOM, JJ., concur.

RUBIN, J. P.

This controversy arises out of the conversion of premises known as 9 East 96th Street to a cooperative housing corporation. The sponsor, Borchard Affiliations, Inc., entered into a contract for sale of the premises to the proposed cooperative corporation, 9 East 96th Street Owners, Inc. (Owners), on April 1, 1980. An offering plan was filed with the New...

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