Ousted Managing Company Marion Scott Is Still Locked Out of Co-op City

Jan. 26, 2015 — It's been a couple of weeks since we told you about Marion Scott Real Estate's lawsuit against RiverBay, Co-op City's board of directors, which controls the 50,000-resident complex. The management company's lawsuit in state Supreme Court claims the corporation's move to suspend it was illegal. Furthermore, the New York State Homes and Community Renewal agency urged the board to reinstate and retain Marion Scott until it wraps up an investigation into the allegations. Which it didn't. So here we are, two weeks later. Marion Scott remains locked out, and the New York Daily News reports that a Manhattan Supreme Court judge denied Marion Scott’s request for a preliminary injunction, although "Justice Paul Wooten [did agree] that the directors acted inappropriately when they cited a host of alleged missteps and suspended the management company." The lawsuit is still pending.