Legal Opinion
Marosu Realty Corp. v. Community Preservation Corp.
Appellate Division of the Supreme Court of the State of New York
Decided December 22, 2005PublishedCited by 2 opinions
1Opinion of the Court
OPINION OF THE COURT
Mazzarelli, J.
Plaintiff obtained funds from defendants to purchase and rehabilitate a building at 560 West 144th Street through the Participation Loan Program (PLP). One of the defendants, the Community Preservation Corporation (CPC), a nonprofit corporation, had been created in 1974 to combat the deterioration and abandonment of housing in New York City. It specialized in coordinating public and private financing for low- and middle-income rehabilitation projects and had formed the PLP with the Department of Housing Preservation and Development (HPD), pursuant to article…
2Cases cited7 opinions
- Dalton v. Educational Testing ServiceNew York Court of Appeals · 1995
- 805 Third Ave. Co. v. M.W. Realty AssociatesNew York Court of Appeals · 1983
- State Bank v. FioravantiNew York Court of Appeals · 1980
- Ark Bryant Park Corp. v. Bryant Park Restoration Corp.Appellate Division of the Supreme Court of the State of New York · 2001
- Republic National Bank v. Olshin Woolen Co.Appellate Division of the Supreme Court of the State of New York · 2003
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3Cited by2 opinions
- Roberts v. Tishman Speyer Properties, L.P.Appellate Division of the Supreme Court of the State of New York · 2009
- Greenlight Reinsurance, Ltd. v. Appalachian Underwriters, Inc.District Court, S.D. New York · 2014