Ithilien Realty Corp. v. 180 Ludlow Development LLC

Orders, Supreme Court, New York County (Debra A. James, J.), entered July 2, 2010 and August 27, 2010, which granted plaintiffs motion for a preliminary injunction staying the cure period of defendants’ notice to cure on the condition that plaintiff file an undertaking, and fixed the amount of the undertaking at $10,000, respectively, unanimously affirmed, with costs.

The court providently exercised its discretion in granting plaintiff preliminary injunctive relief since plaintiff demonstrated a likelihood of success on the merits, irreparable harm to its building if the relief were not…