NYCTL 1996-1 Trust v. Railroad Maintenance Corp.

—Order, Supreme Court, Bronx County (Bertram Katz, J.), entered June 12, 1998, which, inter alia, granted plaintiffs’ motion for summary judgment as against defendant Railroad Maintenance Corp (RMC), striking RMC’s answer and referring the matter to a Referee to compute and ascertain the amount due plaintiffs, unanimously affirmed, with costs.

The tax lien certificate in favor of “The Bank of New York as *40Collateral Agent and Custodian” constituted “presumptive evidence” of the transfer of the lien to Bank of New York (BNY) and the lien’s beneficial owner(s) (Administrative Code of City of NY §…