White Knight NYC Ventures v. 15 West 17th Street

Order, Supreme Court, New York County (Eileen A. Rakower, J.), entered September 18, 2012, which, insofar as appealed from, granted plaintiff’s motion for an order confirming the Referee’s Report of Sale and directed entry of a deficiency judgment against defendants 15 West 17th Street, LLC, Joseph Sabbagh and Isaac Mishan, unanimously affirmed, with costs.

By submitting a detailed appraisal prepared by a certified appraiser pursuant to Executive Law § 160-a (5) (a), plaintiff met its burden of establishing, prima facie, the mortgaged premises’ fair market value as of the date of the…