Legal Opinion
City of New York v. North River Housing Development Fund Corp.
Appellate Division of the Supreme Court of the State of New York
Decided November 23, 2004Published
1Opinion of the Court
*295Order, Supreme Court, New York County (Saralee Evans, J.), entered October 6, 2003, which, in an action by the City against a cooperative to foreclose a mortgage issued pursuant to Private Housing Finance Law article VIII, inter alia, granted plaintiffs motion for summary judgment, unanimously affirmed, without costs.
Defendant, which has been in default of its low-interest, non-recourse mortgage loan since 1991, does not claim that plaintiff breached any express provision of the mortgage documents or made any oral promises. Rather, defendant claims that payment of the mortgage was rendered…
2Cases cited5 opinions
- Banco do Brasil S. A. v. State of Antigua & BarbudaAppellate Division of the Supreme Court of the State of New York · 2000
- New York State Mortgage Loan Enforcement & Administration Corp. v. Coney Island Site Five Houses, Inc.Appellate Division of the Supreme Court of the State of New York · 1985
- Bloom v. NotaroNew York Court of Appeals · 1986
- Atlantic National Trust LLC v. SilverAppellate Division of the Supreme Court of the State of New York · 2004
- City of New York v. Becksmad Gardens, Inc.New York Supreme Court · 1982