New York Court of Appeals

In the Matter of the State Tax Commission v. Bernard Shor, Judgment Debtor, and Chase Manhattan Bank (National…

November 21, 197743 N.Y.2d 151

Summary

The New York Court of Appeals affirmed the Appellate Division, holding that a co‑operative apartment shareholder's interest—comprising a stock certificate and proprietary lease—is personal property, not a chattel real, and therefore Fidelity's docketed judgment did not create a lien under CPLR 5203.