“Standing” to Sue Sham Condo, Co-Op Sponsors Changed

By Adam Leitman Bailey and John M. Desiderio Kramer v. W10Z/515 Real Estate Ltd. Partnership, 1 a recent decision of the Appellate Division, First Department, is a case of great importance to purchasers of new condominium and cooperative apartment units. In a sweeping opinion, the court completely overhauled, if not expressly overruled, a line of … Continue reading “Standing” to Sue Sham Condo, Co-Op Sponsors Changed