Park W. Vil. Assocs. v. Nishioka

In Park W. Vil. Assocs. v. Nishioka (NYLJ, May 26, 1999, at 27, col 3), the court held that it was not the intention of the Legislature to provide continued occupancy protection to tenants who rent sponsor-owned cooperative or condominium units subsequent to the conversion of the building. It also held that General Business Law 352-eeee (1) (d) unequivocally defines a purchaser under the plan as a person who owns the shares allocated to a dwelling unit or who owns such dwelling unit itself.