Benjamin v. Madison Med. Build. Cond. Board of Managers

Decision Date15 October 2009
Docket Number602220/06.,1180.
Citation66 A.D.3d 510,2009 NY Slip Op 7339,887 N.Y.S.2d 55
PartiesMAURICE J. BENJAMIN, Respondent, v. MADISON MEDICAL BUILDING CONDOMINIUM BOARD OF MANAGERS et al., Appellants.
CourtNew York Supreme Court — Appellate Division

Plaintiff, a dentist, seeks to enforce the express right of first refusal of Aline Realty LLC, of which he is the managing member, to purchase the basement unit of the 12-floor condominium at 161 Madison Avenue, which primarily houses medical practices. Defendant, a reproductive endocrinologist, maintains his practice in a unit on the fourth floor of the building.

Defendant Board of Managers is the governing body of the condominium, and is charged with enforcement of its bylaws. Article XI, section 1 of those bylaws spells out the right of first refusal in relevant part as follows: "A unit owner has the right to sell or lease his Unit providing he gives notice of the bona fide terms of any proposed sale or lease to the immediately contiguous Unit Owners and to the Board of Managers and obtains their approval for the sale or lease . . . If an immediately contiguous Unit Owner(s) disapproves of the transaction, such Unit Owner(s) must give the selling or leasing Unit Owner and the Board of Managers written notice thirty (30) days after notice of the proposed sale or lease, of his intention to purchase or lease the Unit on the same terms, or other terms more favorable to the Owner of the Unit proposed for sale or lease." Article XI, section 3 sets forth the required notice of the bona fide terms of a sale, to be given to a holder of a right of first refusal: "A Unit Owner intending to make a transfer, sale or lease of the Unit or any part thereof, or interest therein, shall give notice to all immediately contiguous Unit Owners and to the Board of Managers of such intention. He shall furnish . . . (i) the name and address of the intended grantee or lessee; (ii) a statement of all of the terms of the transaction; (iii) financial and professional references of the transferree [sic] or lessee; (iv) the specific occupation of the transferee or lessee including any areas of specialization; (v) an executed copy of the proposed contract to sell or lease; and (vi) such...

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