New York Law Journal: Realty Law Digest

March 18, 2015

In his weekly Realty Law Digest column (subscription required), Scott Mollen analyzes two notable cases. In The Board of Managers of 266 West 115th Street Condominium v. 266 West 115th Street, a condominium dispute over alleged construction defects, the court found that there was a triable issue of fact as to whether and to what extent the sponsor waived the offering plan’s written notice requirement. In Matter of Merry-Go-Round v. City of Auburn, the New York Court of Appeals held that housing related to an arts organization was entitled to a 420-A tax exemption. The property in question was used to house a not-for-profit theatre corporation’s staff and summer stock actors.