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Matter of Nancy King

Appellate Division of the Supreme Court of New York, Second Department
Oct 6, 1997
243 A.D.2d 479 (N.Y. App. Div. 1997)

Opinion

October 6, 1997

Appeal from the Surrogate's Court, Westchester County (Emanuelli, S.).


Ordered that the orders are affirmed, with one bill of costs payable by Celeste Carlesimo personally.

In this proceeding, the petitioner is seeking to set aside, as fraudulent, a conveyance by her brother, A. William King, to Celeste Carlesimo of shares in certain cooperative apartments formerly owned by the petitioner's parents.

The large discrepancy between the price paid by Carlesimo for the cooperative apartments, $1,267,000, and the market value of these apartments as demonstrated by the petitioner's expert appraisal, $2,754,000, created a jury question on the issue of bad faith ( see, Canajoharie Natl. Bank v. Diefendorf, 123 N.Y. 191; cf., Second Natl. Bank v. Weston, 172 N.Y. 250). Accordingly, the Surrogate properly denied Carlesimo's motion for summary judgment.

Carlesimo's remaining contentions are without merit.

Mangano, P.J., Rosenblatt, Joy and Luciano, JJ., concur.


Summaries of

Matter of Nancy King

Appellate Division of the Supreme Court of New York, Second Department
Oct 6, 1997
243 A.D.2d 479 (N.Y. App. Div. 1997)
Case details for

Matter of Nancy King

Case Details

Full title:In the Matter of NANCY KING, Respondent, v. CELESTE CARLESIMO, Appellant…

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

Date published: Oct 6, 1997

Citations

243 A.D.2d 479 (N.Y. App. Div. 1997)
662 N.Y.S.2d 838

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