New York Law Journal: Realty Law Digest

June 3, 2015

In his weekly Realty Law Digest column (subscription required), Scott Mollen analyzes three notable case. In Moutopoulis v. 2075-2081 Wallace Avenue Owners, it was determined that a cooperative corporation's poor financial condition could render the individual co-op apartments uninsurable, unmarketable and unfinanceable. In G.M.M. v. Kimpson, the issues of fact remained as to whether an apartment renovation sufficiently encapsulated a lead condition. In Drapala v. Pasan, the landlord failed to establish requisite good faith to recover possession of the premises.