ESTATE OF SHERMAN v. SOUTHBRIDGE TOWERS, INC.

650634/15, 2514, 2513.

145 A.D.3d 575 (2016)

2016 NY Slip Op 08476

44 N.Y.S.3d 22

ESTATE OF CHARLOTTE SHERMAN, Appellant, v. SOUTHBRIDGE TOWERS, INC., Respondent.

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

Decided December 15, 2016.


Contrary to its contention, plaintiff is not the shareholder of record with respect to the deceased tenant/cooperator's apartment. Stock certificates issued to the decedent were not automatically transferred to plaintiff upon the decedent's death (see Matter of Levin v Department of Hous. Preserv. & Dev. of City of N.Y., 140 Misc.2d 110 [Sup Ct, NY County 1988], mod on other...

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