Patmos Fifth Avenue Real Estate Inc. v. Mazel Building LLC, New York County Supreme Court Index No. 108421/2011.
Real Property Law § 320 restricts a lender’s ability to accept a conveyance of a deed where the conveyance is intended
Patmos Fifth Avenue Real Estate Inc. v. Mazel Building LLC, New York County Supreme Court Index No. 108421/2011.
Real Property Law § 320 restricts a lender’s ability to accept a conveyance of a deed where the conveyance is intended…
Wells Fargo Bank, N.A. v Meyers, Appellate Division Second Department 34632/2009.
The courts continue to wrestle with the scope of the appropriate remedies for lender’s that fail to negotiate residential mortgage modifications in good faith. Now the Appellate Division,…
Federal National Mortgage Association v. Quadrozzi, Supreme Court, Kings County, Index No. 25485/2009
Many times it is the simple things that trip up mortgage foreclosure plaintiffs. This case is an example. In this mortgage foreclosure action, the court denied…
JFK International Air Cargocentre LLC v. The Port Authority of New York and New Jersey, New York County Supreme Court, Index No. 650345/2008
As most New York real estate lawyers know, the Statute of Frauds requires that leases for…
U.S. Bank v Shinaba, Bronx County Supreme Court, Index No. 381917-2009
This case provides another example of New York courts coming down on residential lenders that fail to participate in the statutorily mandated settlement process in good faith. In this…
An Office of Court Administration report shows substantial growth in mortgage foreclosure filings in New York. The report shows that in 2013, through October, nearly 34,000 new mortgage foreclosure cases were filed. That is on track to surpass the…
Piller v. Marsam Realty 13th Avenue, LLC, Kings County Supreme Court Index No. 500141/2013
Kings County Commercial Division Justice Carolyn Demarest recently wrestled with a question that continues to confront New York real estate lawyers frequently, namely: when is…
Many real estate related disputes in New York City are heard in the Supreme Court’s Commercial Division In New York City, New York County, Kings County and Queens County have Commercial Division parts.
Recently, the Commercial Division Advisory Counsel, a…
NYCHPD v. Deutche Bank National Trust Co., Richmond County Civil Court HP Index # 115/2013
Judge Philip Straniere has ruled that a lender that obtained a judgment of foreclosure and sale, but had not proceeded to auction, is responsible for…
PVF Inc. v ZCAM LLC, New York County Supreme Court, Index No. 651360/2013
Justice Charles Ramos has ruled that a landlord’s duty to cooperate in obtaining government approvals includes more than merely executing documents. In this commercial case brought by…