Legal Opinion

Acorn Properties, Inc. v. East 7th Realty Associates

Appellate Division of the Supreme Court of the State of New York

Decided April 29, 1997Published

1Opinion of the Court

—Order, Supreme Court, New York County (Elliott Wilk, J.), entered January 12, 1996, which, in a mortgage foreclosure action, insofar as appealed from, denied plaintiffs motion for a deficiency judgment, unanimously affirmed, with costs.

Plaintiffs claims that defendant had committed fraud in procuring the mortgage and waste in managing the property, and that the exception to the nonrecourse provision of the mortgage therefore applied, was properly rejected as untimely, having been first raised only in plaintiffs reply papers on the motion. It was plaintiffs burden to come forward with evi*280dence…

2Cases cited2 opinions

  1. First Nationwide Bank v. Brookhaven Realty AssociatesAppellate Division of the Supreme Court of the State of New York · 1996
  2. FGH Realty Credit Corp. v. BonatiAppellate Division of the Supreme Court of the State of New York · 1996

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