Co-op City board sues DHCR, says it botched investigation into ex-management

Riverbay Corporation, the board that oversees Co-Op City, the country’s largest housing co-operative, has sued the New York State Division of Housing and Community Renewal, claiming the agency failed to properly investigate the complex’s former manager, Marion Scott Real Estate. In November 2014, Riverbay fired Marion Scott Real Estate from operating the 15,000-unit residential complex, alleging […]