Legal Opinion
De Santis v. White Rose Associates
New York Supreme Court
Decided September 10, 1991PublishedCited by 19 opinions
1Opinion of the Court
OPINION OF THE COURT
David B. Saxe, J.
Recently, sponsor defaults in converted cooperative housing have become overwhelming (see, eg., NY Times, June 16, 1991, section 10, at 1). For the most part, however, due in part to pressure by public officials and to a desire of all sides to "work out” a satisfactory accommodation, these defaults have not led to bank foreclosures. In this unique mortgage foreclosure action, involving an individual lender rather than an institution, a "work-out” could not be reached. Accordingly, I am asked to resolve the following principal issue: Upon a foreclosure and…
2Cases cited10 opinions
- Prudence Co. v. 160 West Seventy-Third Street Corp.New York Court of Appeals · 1932
- Independent Properties Co. v. Mast Property Investors, Inc.Appellate Division of the Supreme Court of the State of New York · 1989
- Prudence Co. v. 160 West Seventy-third Street Corp.Appellate Division of the Supreme Court of the State of New York · 1932
- New York Bank for Savings v. Jamaica Towers West AssociatesNew York Supreme Court · 1966
- Smith v. FeiginNew York Court of Appeals · 1948
5 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Federal Home Loan Mortgage Corp. v. New York State Division of Housing & Community RenewalNew York Court of Appeals · 1995
- Federal Home Loan Mortgage Corp. v. New York State Division of Housing & Community RenewalDistrict Court, E.D. New York · 1994
- Friesch-Groningsche Hypotheekbank Realty Credit Corp. v. SlabakisAppellate Division of the Supreme Court of the State of New York · 1995
- German v. Federal Home Loan Mortgage Corp.District Court, S.D. New York · 1995
- Davis v. ColeNew York Supreme Court · 2002
14 more not listed; retrieve them via the Exa API.