Legal Opinion

Landmark Capital Co. v. Bowery Savings Bank

New York Supreme Court

Decided May 3, 1983PublishedCited by 1 opinion

1Opinion of the Court

OPINION OF THE COURT

Albert H. Buschmann, J.

The Bowery Savings Bank has moved to dismiss the complaint for failure to state a cause of action. The plaintiffs have cross-moved for summary judgment.

On February 1, 1950, Arde Bulova, as the owner of certain property in Queens County, entered into a 99-year renewable lease with Park Drive Heights, Inc., and he also entered into a second 99-year renewable lease with Grand Central Parkway Gardens, Inc. Arde Bulova died on March 18, 1958. The tenants gave mortgages on their leasehold interests to the Bowery. On or about November 3,1979, the tenants…

2Cases cited3 opinions

  1. Matter of City of New York (Upper N.Y. Bay)New York Court of Appeals · 1927
  2. Buffalo Seminary v. McCarthyAppellate Division of the Supreme Court of the State of New York · 1982
  3. Buffalo Seminary v. McCarthyNew York Court of Appeals · 1983

3Cited by1 opinion

  1. Donzella v. New York Telephone Co.Appellate Division of the Supreme Court of the State of New York · 1996

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