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IN THE MATTER OF THAKUR v. 210 FORSYTH STREET HOUSING DEVELOPMENT FUND CORPORATION

17 Misc.3d 1012 (2007)

844 N.Y.S.2d 686

In the Matter of SANJOY THAKUR et al., Petitioners, v. 210 FORSYTH STREET HOUSING DEVELOPMENT FUND CORPORATION et al., Respondents.

Supreme Court, New York County.

October 30, 2007.

Attorney(s) appearing for the Case

Anderson & Ochs, New York City (Steven Anderson of counsel), for petitioners.

White Fleischner & Fino, New York City (Evan Richmond of counsel), for respondents.

OPINION OF THE COURT

EDWARD H. LEHNER, J.

The sole legal issue raised on the motions before the court is whether the bylaw of the respondent corporation, formed under section 402 of the Not-For-Profit Corporation Law and article XI of the Private Housing Finance Law, providing for voting by "shares of membership interest" owned, is valid.

The corporation, 210 Forsyth Street Housing Development Fund Corporation...

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