Legal Opinion

Nyctl 1999-1 Trust v. 573 Jackson Avenue Realty Corp.

New York Court of Appeals

Decided December 15, 2009No. 201PublishedCited by 24 opinions

1Opinion of the Court

OPINION OF THE COURT

Graffeo, J.

In this action to foreclose a real property tax lien, we conclude that the property owner did not properly stay the foreclosure sale nor did it exercise its right to redeem. We therefore affirm the order of the Appellate Division.

Defendant 573 Jackson Avenue Realty Corp. (Jackson) failed to pay certain real property taxes on its property located in the Bronx. In May 1999, plaintiff NYCTL 1999-1 Trust (the Trust) acquired a tax lien against the property in the amount of $2,412.75 from the City of New York. Nearly three years later, Jackson paid that amount to the…

2Cases cited6 opinions

  1. Nutt v. . CumingNew York Court of Appeals · 1898
  2. Nelson v. . LoderNew York Court of Appeals · 1892
  3. EMC Mortgage Corp. v. BobbAppellate Division of the Supreme Court of the State of New York · 2002
  4. MacKenna v. . Fidelity Trust Co.New York Court of Appeals · 1906
  5. Green Point Savings Bank v. OppenheimAppellate Division of the Supreme Court of the State of New York · 1997

1 more not listed; retrieve them via the Exa API.

3Cited by24 opinions

  1. In Re South Side House, LLCUnited States Bankruptcy Court, E.D. New York · 2011
  2. NYCTL 1998-2 Trust v. McGillAppellate Division of the Supreme Court of the State of New York · 2016
  3. LIC Assets, LLC v. Chriker Realty, LLCAppellate Division of the Supreme Court of the State of New York · 2015
  4. In Re 114 Tenth Avenue Assoc., Inc.District Court, S.D. New York · 2010
  5. NYCTL 2005-A Trust v. Rosenberger Boat Livery, Inc.Appellate Division of the Supreme Court of the State of New York · 2012

19 more not listed; retrieve them via the Exa API.

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