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BLEECKER CHARLES v. 350 BLEECKER STREET APARTMENT

No. 00 Civ. 7827(GEL).

181 F.Supp.2d 257 (2001)

BLEECKER CHARLES COMPANY, Plaintiff. v. 350 BLEECKER STREET APARTMENT CORPORATION, Defendant, v. Bleecker Parking Corp., Additional Counterclaim Defendant.

United States District Court, S.D. New York.

October 4, 2001.

Attorney(s) appearing for the Case

Dale A. Schreiber, Alison B. Feld, Proskauer Rose LLP, New York, NY, for Plaintiff Bleecker Charles Company.

Robert N Fass, Friedman, Krauss & Zlotolow, New York, NY, for Defendant 350 Bleecker Street Apartment Corporation.

OPINION AND ORDER

LYNCH, District Judge.

This action requires the interpretation of the Condominium and Cooperative Conversion Protection and Abuse Relief Act, 15 U.S.C. §§ 3601-3616 ("the Act"). Because the sponsor of a conversion of a building from rental to cooperative, generally the owner of the building, has effective control of the cooperative in the initial stages, and thus may have the opportunity to have the cooperative enter into...

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