Legal Opinion

Massachusetts Mutual Life Insurance v. Gramercy Twins Associates

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

Decided December 30, 1993PublishedCited by 13 opinions

1Opinion of the Court

—Order, Supreme Court, New York County (Carol H. Arber, J.), entered on or about April 14, 1993, which denied plaintiffs motion for summary judgment, unanimously reversed, on the law, with costs, and summary judgment of foreclosure in favor of plaintiff is granted.

On April 19, 1990, defendant Gramercy Twins Associates executed a non-recourse consolidated note evidencing indebtedness of $1.7 million to plaintiff Massachusetts Mutual Life Insurance Company, secured by a consolidated first mortgage on premises located at 33-39 East 21st Street in Manhattan, as well as a $500,000 letter of…

2Cases cited2 opinions

  1. Nassau Trust Co. v. Montrose Concrete Products Corp.New York Court of Appeals · 1982
  2. Friesch-Groningsche Hypotheekbank Realty Corp. v. EquitiesAppellate Division of the Supreme Court of the State of New York · 1992

3Cited by13 opinions

  1. Citibank, N.A. v. Van Brunt Properties, LLCAppellate Division of the Supreme Court of the State of New York · 2012
  2. Vargas Realty Enterprises, Inc. v. CFA W. 111 Street, L.L.C. (In Re Vargas Realty Enterprises, Inc.)District Court, S.D. New York · 2010
  3. Chemical Bank v. Broadway 55-56th Street AssociatesAppellate Division of the Supreme Court of the State of New York · 1995
  4. Citibank v. SilvermanAppellate Division of the Supreme Court of the State of New York · 2011
  5. New Horizons Investors, Inc. v. Marine Midland Bank, N. A.Appellate Division of the Supreme Court of the State of New York · 1998

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