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305 EAST 24TH OWNERS CORP. v. PARMAN CO.

No. 85 Civ. 3788 (KMW)(SEG).

799 F.Supp. 353 (1992)

305 EAST 24TH OWNERS CORP., Anthony S. Niskanen, Sherry Kain, Jean Mullens, Ellen Fishman, Donald H. Layton and Mort Schwartz, Plaintiffs, v. PARMAN CO., Dicta Realty Associates, Jack Parker, Harold R. Liebman, Seymour Sadkin, Parman Corp., East 24th Garage Corp., East 24th Commercial Corp. and East 24th Laundry Corp., Defendants.

United States District Court, S.D. New York.

July 30, 1992.

Attorney(s) appearing for the Case

Yvette Harmon, Ross & Hardies, New York City, for plaintiffs.

Robert A. Wolf, Robinson Silverman Pearce Aronsohn & Berman, New York City, for defendants.

OPINION

GRUBIN, United States Magistrate Judge:

This opinion resolves what I hope is the final leg of a lengthy and bitter litigation between plaintiffs, a cooperative apartment building at 305 East 24th Street in Manhattan and its individual directors ("Owners Corp."), and defendants, the company and its affiliates and principals who owned the building and sponsored its conversion to a cooperative in 1984. The action involves certain long-term leases that...

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