Newman v. Sherbar Development Co.

— In an action, .(by tenants of,"an apartment building inter aUa for ¿ declaratory judgment that a certain declaration of'effectiveness-,^'a plan of-co-operative, organization /of the-tmilling is" void) and several stímmáity'-proceedings, to. recover • possession' óf-real, property* (the proceedings werp transferred from the Civil Gdurtiof "the City ’of New York to'the Supreme Court, ¡Kings Coimty;,there- to. be tried /vvjih' the action); plaintiffs in the action and ■ respondents"in the proceedings ' appeal from a judgment of the Supreme- Court,' Kin'gs; County,' dated -May/29, 1974, (which,, áftér a. non jury trial, inter alia- deelared/hat '.the co-operative plan was propa-ly',declared effective on. August- 8;-" 1973. tod"'-‘tiriff pétitiónerf ; 'in the proceedings is entitled tó warrants.of eviction" judgment ;mp<ti§ecj,son1 the facts and in the exercise o.f this court’s discretion .in.tite interest of justice, ■-by adding thereto a provision staying defendahts1 ffom'proíé'éditig against ¡ ¿it - . who are plaintiffs in-the1'action.to.recover possession of .their (respective apért'- .. ments priori to. Júly'l, 1979;/and .further staying', the issuance (®fitoritots, ¡ñ . the. summary proceedings, until said daté,, all. .provided /hat .saidV pIaintiffs' -yand the respondents in-thé summary. proceedings; resp/eétivbly' pay the préséht: -rent of their' apartments as such nents-become-due/ .(As.so inodified, judgment (affirmed) without costs.. .Under" section-753 o"f; the ReáDProperty ActiohS tod' Proceedings Law ¡¡a stay of the.issuance of . a -/arraiit in a holdd-ty/summary:1 proceéding-may be allowed for a penod not to.etyéed six months? In the gránting " . of'equitable relief, the court may mold its relief io accord'- with the v exigencies of the case (cf. Matter <?/,Galewitz, 3.A D gd 280,.285,. áffd. S^N Y 2d 72l-; Wages v. Wages, 38 A D 2d 968), In-the light-of the prevailing .tight market for apartment" rentals; .we 'find the exigencies ■ of this - case, equitably iequire the, conditional stay granted by the modification herein of the judgment, HopkinS, Acting. P.. J,, Martuseelló, Brennan, (Benjamin and Shapiro; ,JJ,, -concur/. ■'