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1
2015 Jack Newton Lerner Landlord
Tenant Practice Institute
Some of the Most Important Cases and
Statues Effecting Landlords and Tenants in
Cooperatives and Condominiums
2
© Adam Leitman Bailey, P.C. 2015
Fair-Market and Rent
Regulated Tenant’s Rights in
Condominium Conversions
Some of the Most Important Cases and Statues Effecting Landlords and Tenants
in Cooperatives and Condominiums
3
© Adam Leitman Bailey, P.C. 2015
Owners and
Shareholders’ Rights In A
Land Lease Conversion
Some of the Most Important Cases and Statues Effecting Landlords and Tenants
in Cooperatives and Condominiums
4
© Adam Leitman Bailey, P.C. 2015
Battling the
Expiration of a
Proprietary Lease
Some of the Most Important Cases and Statues Effecting Landlords and Tenants
in Cooperatives and Condominiums
5
© Adam Leitman Bailey, P.C. 2015
Buyouts
Some of the Most Important Cases and Statues Effecting Landlords and Tenants
in Cooperatives and Condominiums
6
© Adam Leitman Bailey, P.C. 2015
The Business
Judgment Rule
Some of the Most Important Cases and Statues Effecting Landlords and Tenants
in Cooperatives and Condominiums
THE END
© Adam Leitman Bailey, P.C. 2015

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2015 Jack Newton Lerner Landlord Tenant Practice Institute

  • 1. 1 2015 Jack Newton Lerner Landlord Tenant Practice Institute Some of the Most Important Cases and Statues Effecting Landlords and Tenants in Cooperatives and Condominiums
  • 2. 2 © Adam Leitman Bailey, P.C. 2015 Fair-Market and Rent Regulated Tenant’s Rights in Condominium Conversions Some of the Most Important Cases and Statues Effecting Landlords and Tenants in Cooperatives and Condominiums
  • 3. 3 © Adam Leitman Bailey, P.C. 2015 Owners and Shareholders’ Rights In A Land Lease Conversion Some of the Most Important Cases and Statues Effecting Landlords and Tenants in Cooperatives and Condominiums
  • 4. 4 © Adam Leitman Bailey, P.C. 2015 Battling the Expiration of a Proprietary Lease Some of the Most Important Cases and Statues Effecting Landlords and Tenants in Cooperatives and Condominiums
  • 5. 5 © Adam Leitman Bailey, P.C. 2015 Buyouts Some of the Most Important Cases and Statues Effecting Landlords and Tenants in Cooperatives and Condominiums
  • 6. 6 © Adam Leitman Bailey, P.C. 2015 The Business Judgment Rule Some of the Most Important Cases and Statues Effecting Landlords and Tenants in Cooperatives and Condominiums
  • 7. THE END © Adam Leitman Bailey, P.C. 2015

Editor's Notes

  1. Manhattan House cases Second Department cases Attorney General “Regulations”
  2. Expiration of land lease. Shareholders rights or loss of rights after cooperative deconversion Rent regulated and tenancy possibilities after cooperative deconversion Federal Home Loan Mortgage Corporation v. New York State Division of Housing and Community Renewal
  3. Amending the bylaws Following the corporate documents Todd Selbert v. 150 E. 78th, LLC, Teodora Zobel, David Zobel and Loretto Realty Corp
  4. New York City Anti—Buyout Legislation The cooperative conversion When buyouts are permissible according to the Attorney General
  5. Bad faith Failing to follow the governing documents The enforceability of very bad board of director decisions The cases