45 Maiden Lane, Inc. v. Reynolds Buffets, Inc.

The intervenor, respondent, was not in possession of the premises, and could not properly intervene in these summary proceedings by virtue of the assignment of rents which was not intended as an assignment of the lease. (Erkins v. Tucker, 62 Misc. 495; 810 West End Avenue, Inc., v. Frankel, 113 id. 338.) Nor was it afforded a possessory interest in the premises by paying the judgment entered in favor of Liberty Place Holding Corporation, since it thereby became subrogated only to the rights and remedies of the judgment creditor in relation to the debt. On the other hand, the landlord,…