OPINION OF THE COURT
GRAFFEO, J.
In this proceeding, we hold that the Martin Act applies to the proposed privatization of a Mitchell-Lama cooperative apartment complex. Based on the circumstances of this case, we also conclude that a vote to determine whether the cooperative withdraws from the Mitchell-Lama program must be counted on a per-apartment basis rather than a per-share basis.
I.
Petitioner East Midtown Plaza Housing Company, Inc...
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