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LOCAL 798 REALTY CORP. v. 152 WEST CONDOMINIUM

55 A.D.3d 414 (2008)

866 N.Y.S.2d 51

LOCAL 798 REALTY CORP., Respondent, v. 152 WEST CONDOMINIUM et al., Defendants, and 152 UNION REALTY, INC., et al., Appellants.

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

October 21, 2008.

Plaintiff, a realty holding corporation owned by Local 798, a labor union, established that although defendant Vincent Callaghan, its assistant secretary and a business representative for Local 798, lacked the authority to enter into any leases or contracts of sale, he participated in a scheme to defraud plaintiff of its assets by converting a commercial building it owns into a condominium and selling or leasing the units to his brother, defendant Richard Callaghan, and defendant...

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