Three months after refusing to block the Art Students League of New York’s $31.8 million transfer of air rights over its historic West 57th Street building, Manhattan Acing Supreme Court Justice Melvin Schweitzer (See Profile) has disposed of a suit challenging the sale brought derivatively by a segment of the league’s membership.
In a ruling released Friday in Caraballo v. The Art Students League of New York, 650522/2014, Schweitzer granted summary judgment to the league and its board, finding the 249 petitioner members of the league had raised no triable issue of fact.
