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PANOVA v. FEDOFF

Appellate Division of the Supreme Court of New York, First Department.
Jun 5, 2007

Where, as here, there is no expectation that a rental apartment will be converted into a condominium or cooperative, it is not distributable property ( Pulitzer v Pulitzer, 134 AD2d 84, 88-89), and therefore need not be appraised. We have considered defendant's other arguments and find them unavailing.