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ACADEMY STREET ASSOCIATES v. SPITZER

50 A.D.3d 271 (2008)

856 N.Y.S.2d 15

ACADEMY STREET ASSOCIATES et al., Appellants, v. ELIOT SPITZER, as Attorney General for the State of New York, Respondent.

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

Decided April 1, 2008.

Petitioners are the sponsors of Academy Twins Condominium Association, for which the original offering plan was filed in 1987. After the 12th amendment to the offering plan was filed and accepted in 1991, no further amendments were filed until 2004, when, after the commencement of an investigation by the Attorney General, petitioners submitted a proposed 13th amendment to the Attorney General. Upon the Attorney General's issuance of a deficiency letter rejecting the 13th...

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