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Greater New York Savings Bank v. 2120 Realty

Appellate Division of the Supreme Court of New York, First Department
Mar 10, 1994
202 A.D.2d 248 (N.Y. App. Div. 1994)

Opinion

March 10, 1994

Appeal from the Supreme Court, New York County (William J. Davis, J.).


Plaintiff established a prima facie case of entitlement to foreclosure of the property secured by a 1988 mortgage and recovery of any deficiency from the guarantors based on its production of relevant documents and defendants' undisputed default on the obligation to make payments of principal and interest (Travelers Ins. Co. v. 633 Third Assocs., 194 A.D.2d 418). Defendants' unsupported allegations that plaintiff acted wrongfully in connection with the purported sale of the property to a third party, are insufficient to warrant denial of summary judgment to plaintiff (see, Gilbert Frank Corp. v. Federal Ins. Co., 70 N.Y.2d 966, 967).

Further, there is no support in the record for defendants' assertion that their counterclaims should not have been dismissed with prejudice, but instead severed, since the right to assert such claims was waived pursuant to the 1988 note (see, Sterling Natl. Bank Trust Co. v. Giannetti, 53 A.D.2d 533). Moreover, none of the counterclaims sounding in breach of duty to deal in good faith, breach of implied consent and breach of contract could overcome the waiver provision in the absence of fraud which has not been made out (see, Sterling Natl. Bank Trust Co. v Giannetti, supra).

Concur — Sullivan, J.P., Carro, Ellerin, Wallach and Nardelli, JJ.


Summaries of

Greater New York Savings Bank v. 2120 Realty

Appellate Division of the Supreme Court of New York, First Department
Mar 10, 1994
202 A.D.2d 248 (N.Y. App. Div. 1994)
Case details for

Greater New York Savings Bank v. 2120 Realty

Case Details

Full title:GREATER NEW YORK SAVINGS BANK, Respondent, v. 2120 REALTY, INC., et al.…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Mar 10, 1994

Citations

202 A.D.2d 248 (N.Y. App. Div. 1994)
608 N.Y.S.2d 463

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