Block 2829 Realty Corp. v. Community Preservation Corp.

Order, Supreme Court, New York County (Ellen M. Coin, J.), entered November 5, 2015, which denied plaintiffs’ motion to vacate a prior order, same court and Justice, entered August 11, 2014, dismissing plaintiffs’ claim for breach of fiduciary duty against defendant Community Preservation Corp. (CDC), on default, unanimously affirmed, without costs.

“A plaintiff seeking to vacate a default in responding to a motion to dismiss pursuant to CPLR 5015 (a) (1) must proffer both a reasonable excuse for the default and a meritorious cause of action” (Kassiano v Palm Mgt. Corp., 95 AD3d 541, 541 [1st…