New York Supreme Court Rules on Right of First Refusal


In an apparent case of first impression, Justice Anil C. Singh of the New York Supreme Court ruled in favor of the plaintiff—The South Tower Residential Board of Managers of Time Warner Center Condominium—holding that the board could elect to exercise its right of first refusal to purchase a condominium unit and then designate a … More New York Supreme Court Rules on Right of First Refusal