Case Notes
Case Notes provides insight on one particularly relevant co-op or condo case—clearly explaining what happened, why it’s important, and what lessons can be learned within.
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First published: Jan 2002
The Residential Board of Managers of the 99 Jane Street Condominium v. Rockrose Development Corp.This case left the board with a cause of action against the sponsor of the condominium plan for the building. However, the sponsor might be without assets or insolvent. Even if the sponsor could be induced to instigate a legal proceeding to place ultimate liability on the various designers and contractors, this might still result in substantial delays for the board to press its claim.
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