Legal Opinion

Gracie Gardens Owners Corp. v. Gracie Gardens Co.

Appellate Division of the Supreme Court of the State of New York

Decided December 14, 1993Published

1Opinion of the Court

Order, Supreme Court, New York County (John Doyle, J.), entered August 28, 1992, which set aside a jury verdict in favor of defendant against plaintiff and ordered a new trial on the 1st, 3rd and 4th causes of action, unanimously affirmed, with costs.

On an earlier appeal (161 AD2d 334), we determined, inter alia, that a material question of fact existed concerning whether defendant Gracie Gardens Co. ("GGC”) required prepayment in January 1986 or early 1986 as a condition for a 15% discount on a $6 million mortgage held by GGC on plaintiff cooperative’s buildings.

*85Review of the instant record…

2Cases cited4 opinions

  1. Trapp v. American Trading & Production Corp.Appellate Division of the Supreme Court of the State of New York · 1979
  2. Pena v. New York City Transit AuthorityAppellate Division of the Supreme Court of the State of New York · 1992
  3. Gracie Gardens Owners Corp. v. Gracie Gardens Co.Appellate Division of the Supreme Court of the State of New York · 1990
  4. In re PowsnerAppellate Division of the Supreme Court of the State of New York · 1992

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