Elna Realty Co. v. Mamaquarro Apartments Corp.

This is an action in equity wherein the plaintiffs seek the reformation of certain contracts and a deed affecting certain parcels of real estate exchanged between the plaintiff corporation and the defendant corporation, which real estate at tW of exchange was subject to liens of mortgages incumbering the same, which were deducted from the agreed valuation of the property for the purpose of determining the respective equities of the owners. The properties which were the subject of exchange were known as the Harding avenue property and Mamaroneck avenue property.

Plaintiffs also seek the…