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Business Judgment Rule Protects Parking Fee Determination Frankel v. Board of Managers of the 392 Central Park West Condominium 2019 WL 5982911 AppDiv, First Dept., 11/14/19 (memorandum opinion)
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By Stewart E. Sterk
No one disputes that the property tax system in New York City is byzantine. In Tax Equity Now LLC v. City of New York, the First Department confronted what it viewed as a very different question: is it illegal. The court concluded that it is not, rejecting a variety of claims and leaving any reform to the legislature.
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Loft Board Lacks Authority to Supervise Legalization Once Tenants Withdraw Application
Tenant Entitled to Relief from Failure to Timely Exercise Renewal Option
Neighbor Has Standing to Seek Damages for Violation of Zoning Ordinance