Legal Opinion

Stein v. Nellen Development Corp.

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

Decided November 20, 1978PublishedCited by 4 opinions

1Opinion of the Court

In an action to foreclose a mortgage, the appeal, as limited by appellants’ notice of appeal and brief, is from so much of an order of the Supreme Court, Suffolk County, entered December 29, 1977, as denied the branch of their cross motion which sought to dismiss the complaint as against them on the ground of usury. Order affirmed insofar as appealed from, with $50 costs and disbursements. Assuming, arguendo, that the agreement to extend the purchase-money mortgage was usurious, it would not invalidate the original obligation under the mortgage (see Gross v Lichtman, 55 AD2d 670; Marks,…

2Cases cited1 opinion

  1. Gross v. LichtmanAppellate Division of the Supreme Court of the State of New York · 1976

3Cited by4 opinions

  1. Abir v. Malky, Inc.Appellate Division of the Supreme Court of the State of New York · 2009
  2. Stein v. Nellen Development Corp.New York Supreme Court · 1984
  3. Stein v. BlatteNew York Supreme Court · 1983
  4. Schreiber v. Thistle, Inc.New York Supreme Court · 1981

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