Thursday 29 August 2019

Ex-Bear Stearns CEO James Cayne demands co-op records after board rejects 3 buyers

The former CEO of Bear Stearns, James “Jimmy” Cayne, claims a co-op board at 510 Park Avenue has blocked him from selling his sixth-floor apartment because of personal conflicts between Cayne and various board members. In a petition filed in New York’s Supreme Court Tuesday, Cayne demanded access to the board’s books and records to find out why it rejected three prospective buyers without explanation, and denied his request to rent the unit. According to […]



source https://therealdeal.com/2019/08/29/ex-bear-stearns-ceo-james-cayne-demands-co-op-records-after-board-rejects-3-buyers/

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