GERSTEN v. 56 7TH AVE. LLC

603878/09, 4344

88 A.D.3d 189 (2011)

928 N.Y.S.2d 515

2011 NY Slip Op 6300

CORA CAHAN GERSTEN et al., Appellants, v. 56 7TH AVENUE LLC et al., Respondents, et al., Defendants.

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

Decided August 18, 2011.


Attorney(s) appearing for the Case

Himmelstein, McConnell, Gribben, Donoghue & Joseph, New York City ( William J. Gribben and Ronald S. Languedoc of counsel), for appellants.

Belkin Burden Wenig & Goldman, LLP, New York City ( Magda L. Cruz of counsel), for respondents.

TOM, J.P., SWEENY, ACOSTA and MANZANET-DANIELS, JJ., concur.


OPINION OF THE COURT

RENWICK, J.

The Court of Appeals recently rendered a decision with significant ramifications for the real estate industry in New York City. In affirming this Court's decision in Roberts v Tishman Speyer Props., L.P. (13 N.Y.3d 270 [2009], affg 62 A.D.3d 71 [2009], revg 2007 NY Slip Op 32639[U] [2007]), the Court held that thousands of unregulated...

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