20 East 17th Street LLC. v. 4 M Development Co.

246 A.D.2d 341, 666 N.Y.S.2d 912, 1998 N.Y. App. Div. LEXIS 33

This text of 246 A.D.2d 341 (20 East 17th Street LLC. v. 4 M Development Co.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
20 East 17th Street LLC. v. 4 M Development Co., 246 A.D.2d 341, 666 N.Y.S.2d 912, 1998 N.Y. App. Div. LEXIS 33 (N.Y. Ct. App. 1998).

Opinion

Order, Supreme Court, New York County (Stuart Cohen, J.), entered June 20, 1997, which granted plaintiffs motion for summary judgment in an action to foreclose a mortgage, unanimously affirmed, with costs.

[342]*342The motion was properly granted, plaintiff having established a prima facie case by proof of the note, consolidated mortgage agreement, previous assignments and mortgages, and defendant-appellant’s default, and defendant having failed to come forward with evidence showing the existence of a triable issue of fact with respect to any of its affirmative defenses (see, Chemical Bank v Broadway 55-56th St. Assocs., 220 AD2d 308). We agree with the motion court that defendant’s contention that plaintiff’s predecessor orally waived the right to accelerate the mortgage debt and foreclose, despite defendant’s chronic default, fails to meet the “ ‘threshold of believability’ ” of an oral waiver necessary for a mortgagor’s reliance on Nassau Trust Co. v Montrose Concrete Prods. Corp. (56 NY2d 175; see, 220 AD2d 308, supra; Berkeley Fed. Bank & Trust v 229 E. 53rd St. Assocs., 232 AD2d 315). We have considered defendant’s other contentions and find them to be without merit. Concur— Rosenberger, J. P., Wallach, Rubin, Williams and Tom, JJ.

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Related

Nassau Trust Co. v. Montrose Concrete Products Corp.
436 N.E.2d 1265 (New York Court of Appeals, 1982)
Chemical Bank v. Broadway 55-56th Street Associates
220 A.D.2d 308 (Appellate Division of the Supreme Court of New York, 1995)
Berkeley Federal Bank & Trust FSB v. 229 E. 53rd Street Associates
232 A.D.2d 315 (Appellate Division of the Supreme Court of New York, 1996)

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Bluebook (online)
246 A.D.2d 341, 666 N.Y.S.2d 912, 1998 N.Y. App. Div. LEXIS 33, Counsel Stack Legal Research, https://law.counselstack.com/opinion/20-east-17th-street-llc-v-4-m-development-co-nyappdiv-1998.