Petitioner owns unsold shares pertaining to 12 of the approximately 230 apartments in the subject residential cooperative building, including the shares to the apartment occupied by respondents as rent-stabilized tenants since 1977. Prior to the building's conversion to cooperative status in 1982, the staff was employed by ERT Management, Inc. (ERT). After the conversion, the cooperative corporation retained Gumley-Haft, Inc. to manage the building and staff on its behalf...
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