New York's Cooperative and Condominium Community

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50 SUTTON PLACE SOUTH

Theodore Xenakis bought shares of 50 Sutton Place South Owners Corp. and was the proprietary lessee of Apartment 6J. In August 1980, he purported to transfer the shares and assign the lease to Cia. Naviera Financiera Aries, a Panamanian corporation. Xenakis never told that co-op board he had transferred the shares and lease.

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