Pack v. Loremady Realty Corp.

Memorandum. The owner of residential real property appeals from an order of the court below granting the Administrator, appointed under article 7-A of the Real Property Actions and Proceedings Law, a fee of $5,200 upon the final settlement of the account. The Administrator cross-appealed to the extent that the fee was inadequate. The Administrator handled a gross amount of approximately $65,000 in the sixteen-month period in question including the sum of $13,000 (the proceeds of an insurance policy) which was turned over to the city to help satisfy past obligations of the owner.

We feel that…