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260 Bergen Hous. Corp. v. 260 Bergen Assoc

Appellate Division of the Supreme Court of New York, First Department
Feb 27, 1996
224 A.D.2d 345 (N.Y. App. Div. 1996)

Opinion

February 27, 1996

Appeal from the Supreme Court, Kings County (Barry Hurowitz, J.).


We reject the contention of respondents-appellants that the terms of the wraparound mortgage do not allow for recovery of fees related to prosecution of the proceeding to discharge that mortgage pursuant to RPAPL 1921. The default by respondents-appellants on the underlying mortgage triggered the provision of Paragraph 30 (g) of the wraparound mortgage, whereby that mortgage itself automatically was "deemed satisfied". Upon the apparent failure of respondents-appellants to execute an official satisfaction of the wraparound mortgage, petitioner sought and received discharge of that mortgage pursuant to RPAPL 1921. Additional legal work was required in response to the efforts of respondents-appellants to have the wraparound mortgage reinstated. The charges related to these proceedings constituted "legal fees" that were "incurred by [petitioner] as a result of [the] default" within the meaning of Paragraph 30 (g) of the wraparound mortgage. Finally, we perceive no error in the amount of legal fees awarded to petitioner's counsel.

Concur — Sullivan, J.P., Ellerin, Rubin, Kupferman and Williams, JJ.


Summaries of

260 Bergen Hous. Corp. v. 260 Bergen Assoc

Appellate Division of the Supreme Court of New York, First Department
Feb 27, 1996
224 A.D.2d 345 (N.Y. App. Div. 1996)
Case details for

260 Bergen Hous. Corp. v. 260 Bergen Assoc

Case Details

Full title:260 BERGEN HOUSING CORP., Respondent, v. 260 BERGEN ASSOCIATES et al.…

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

Date published: Feb 27, 1996

Citations

224 A.D.2d 345 (N.Y. App. Div. 1996)
638 N.Y.S.2d 456