124 Holdings, Inc. v. Spring Street Apartment Corp.
Opinion of the Court
Order, Supreme Court, New York County (Milton A. Tingling, J.), entered December 23, 2008, which, insofar as appealed from, in an action seeking, inter alia, an accounting, denied plaintiff 124 Holdings, Inc.’s (124) motion for summary judgment, unanimously affirmed, without costs.
124 failed to establish its prima facie entitlement to judgment as a matter of law, as 124 did not demonstrate that defendant Spring Street Apartment Corp., a cooperative housing corporation, engaged in the unequal treatment of 124 in violation of Business Corporation Law § 501 (c). The record shows that Spring Street entered into a transaction with Sullivan Spring, LLC to lease the rights to advertise on an exterior wall of the subject building. 124 failed to show that the funds received by Spring Street were distributed to certain shareholders not
Nor was 124 entitled to summary judgment dismissing Spring Street’s counterclaims, as the evidence in the record is insufficient to make a determination as to the viability of the counterclaims.
We have considered 124’s remaining arguments, including that Spring Street violated Business Corporation Law § 713 and that it breached the proprietary lease, and find them unavailing. Concur—Tom, J.P., Sweeny, Moskowitz, DeGrasse and Manzanet-Daniels, JJ.
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