Summary
In Manocherian we held that a hospital's rental of 15 rent-stabilized apartments in a building for sublet as housing to its nurses or employees, did "not constitute an ‘illusory prime tenancy,’ such as where an alter ego of the owner rents an apartment as the ‘tenant’ and then ‘sublets’ to an innocent third party in an effort to stockpile vacancies or subscriptions for a conversion to cooperative or condominium ownership" (id. at 205, 654 N.Y.S.2d 339).
Summary of this case from 333 E. 49th LP v. N.Y. State Div. of Hous. & Cmty. RenewalOpinion
Submitted May 12, 1997
Decided June 10, 1997
Motion for leave to appeal denied. Motion for a stay denied.
Chief Judge KAYE and Judge SMITH taking no part.