Are there different rules/laws for selling apartments in a coop, based on whether you're an owner or the sponsor
—laws controlling who the SPONSOR is allowed to sell to (especially when he's trying to disengage from the building)?
We are trying to accomplish more owner-occupied units in our coop and do NOT want investors. The sponsor knows this, and yet...
He sold one of his units to another investor. That investor never lived in the building, and immediately rented it to a family who already lived here but was looking to move within the building. That tenant moved out within a short time (year or two) and the apartment is now rented to yet another person.
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