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KAY v. SOUTHBRIDGE TOWERS, INC.

2516, 2515.

145 A.D.3d 576 (2016)

2016 NY Slip Op 08477

44 N.Y.S.3d 23

ELIZABETH KAY, as Executor of SYLVIA KAY, Appellant, v. SOUTHBRIDGE TOWERS, INC., et al., Respondents. KEVIN JAMES BARTH, as Executor of JOAN MARY BARTH, Appellant, v. SOUTHBRIDGE TOWERS, INC., et al., Respondents.

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

Decided December 15, 2016.

Contrary to their contention, plaintiffs are not the shareholders of record with respect to the deceased tenant/cooperators' apartments. Stock certificates issued to the decedents were not automatically transferred to plaintiffs upon the decedents' deaths (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 grounds 151 A...

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