One West Bank FSB v. Musumeci
This text of 128 A.D.3d 1034 (One West Bank FSB v. Musumeci) 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.
Opinion
*1035 In an action to foreclose a mortgage, nonparty Patrick Zagarino appeals, as limited by his brief, from so much of an order of the Supreme Court, Suffolk County (Pitts, J.), dated April 17, 2013, as denied his motion to compel the plaintiff to reinstate its previous approval of a short sale of the subject real property, for specific performance of the contract of sale, and to preliminarily enjoin the foreclosure sale of the subject real property.
Ordered that the order is affirmed insofar as appealed from, with costs.
The plaintiff, One West Bank FSB, commenced this action to foreclose a mortgage in the sum of $417,000 made by Denise Musumeci and Joseph Tursi (hereinafter together the defendants) with regard to real property (hereinafter the premises) located in East Moriches. The defendants failed to appear in the action, and a judgment of foreclosure and sale was entered on November 30, 2012.
On August 29, 2012, Musumeci entered into a contract to sell the premises to Patrick Zagarino for the sum of $277,000, contingent on the plaintiffs approval of a short sale. On November 30, 2012, the plaintiff approved the short sale on the condition that closing of title be held on or before December 28, 2012, and that a second mortgage on the premises be satisfied by then. These conditions were not met, and on January 25, 2013, the plaintiff advised the defendants that the short sale approval had been suspended.
Zagarino moved, inter alia, to compel the plaintiff to reinstate the short sale approval, for specific performance of the contract of sale, and to preliminarily enjoin the foreclosure sale of the premises. The Supreme Court denied his motion.
Zagarino failed to demonstrate that the conditions required by the short sale agreement had taken place, and thus, he failed to establish his entitlement to specific performance of the contract of sale (see Backer v Bouza Falco Co., 28 AD3d 503 [2006]; Johnson v Phelan, 281 AD2d 394, 395 [2001]). Zagarino also failed to demonstrate a probability of success on the merits, the danger of irreparable harm in the absence of injunctive relief, and a balance of equities in his favor, as required for the issuance of a preliminary injunction (see Masjid Usman, Inc. v Beech 140, LLC, 68 AD3d 942 [2009]; Koursiaris v Astoria N. Dev., 143 AD2d 639 [1988]).
Accordingly, the Supreme Court properly denied Zagarino’s motion.
*1036 In view of the foregoing, we need not reach the parties’ remaining contentions. Mastro, J.P., Sgroi, Duffy and Barros, JJ., concur.
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128 A.D.3d 1034, 11 N.Y.S.3d 106, Counsel Stack Legal Research, https://law.counselstack.com/opinion/one-west-bank-fsb-v-musumeci-nyappdiv-2015.