Legal Opinion

500 West 172nd Street Realty, Inc. v. Romax Properties Corp.

New York Supreme Court

Decided October 26, 1984PublishedCited by 3 opinions

1Opinion of the Court

OPINION OF THE COURT

Arthur E. Blyn, J.

This is a motion by defendant Romax Properties Corp. (Romax) to vacate the ex parte appointments of a temporary receiver for the property located at 500 West 172nd Street and 506 West 172nd Street, New York, New York (collectively, the property), and for a stay of proceedings in the underlying actions.

On or about February 1,1983 Romax purchased the property, which consists of two apartment buildings, from the corporate plaintiffs. Plaintiffs took back mortgages on each of the buildings, with monthly installment payments to commence March 1, 1983. Romax…

2Cases cited3 opinions

  1. Home Title Insurance v. Isaac Scherman Holding Corp.Appellate Division of the Supreme Court of the State of New York · 1933
  2. Mancuso v. KambourelisAppellate Division of the Supreme Court of the State of New York · 1979
  3. Ardeb Realty Corp. v. East Estates, Inc.New York Supreme Court · 1957

3Cited by3 opinions

  1. Federal Home Loan Mortgage Corp. v. Spark Tarrytown, Inc.District Court, S.D. New York · 1993
  2. 366 Fourth Street Corp. v. FoxFire Enterprises, Inc.Appellate Division of the Supreme Court of the State of New York · 1989
  3. Foxfire Enterprises, Inc. v. Enterprise Holding Corporation, 366 Fourth Street Corporation, and the Attorney General of the State of New YorkCourt of Appeals for the Second Circuit · 1988

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