Tenant Signed Lease After Co-op Conversion
LVT Number: 16152
Landlord cooperative apartment owner sued to evict tenant after tenant's lease expired. Tenant claimed that she was entitled to a renewal lease under provisions of the General Business Law relating to cooperative conversions. The court ruled for landlord. Tenant appealed and lost. The building converted to a co-op in 1971. Tenant's 1992 lease wasn't protected by the General Business Law because it was signed after the building converted to a co-op. Notably, prior tenant's 1977 lease also indicated that the apartment was decontrolled.
Fort I Group LP v. Suero: NYLJ, 9/5/02, p. 18, col. 2 (App. T.1 Dept.; Suarez, PJ, Davis, Schoenfeld, JJ)