From Casetext: Smarter Legal Research

Daniel Perla Assoc. v. ZLD Realty

Appellate Division of the Supreme Court of New York, First Department
Nov 21, 2000
277 A.D.2d 115 (N.Y. App. Div. 2000)

Opinion

November 21, 2000.

Order, Supreme Court, Bronx County (Janice Bowman, J.), entered July 13, 1999, which, in an action to foreclose a mortgage, inter alia, directed that plaintiff mortgagee accept the sum of $145,666 in full satisfaction of the mortgage, and bringing up for review a prior order, entered February 10, 1999, which, insofar as challenged, granted defendant mortgagor's motion for summary judgment dismissing the complaint, determined that defendant is entitled to certain reductions in the principal of the mortgage, and directed a hearing to determine the amounts of those reductions and otherwise compute the outstanding balance on the mortgage, unanimously affirmed, with costs.

Jeffrey C. Daniels, for defendants.

Before: Nardelli, J.P., Williams, Ellerin, Lerner, Rubin, JJ.


The motion court properly found that plaintiff had, in bad faith, breached its obligations under the contract. An action in foreclosure is an equitable action, and the equities herein compel the conclusion that plaintiff was not entitled to reject tender of payment, then use that rejection as a basis for holding defendants in default (see, Futterman v. Calce, 226 A.D.2d 306, 307).

THIS CONSTITUTES THE DECISION AND ORDER OF SUPREME COURT, APPELLATE DIVISION, FIRST DEPARTMENT.


Summaries of

Daniel Perla Assoc. v. ZLD Realty

Appellate Division of the Supreme Court of New York, First Department
Nov 21, 2000
277 A.D.2d 115 (N.Y. App. Div. 2000)
Case details for

Daniel Perla Assoc. v. ZLD Realty

Case Details

Full title:DANIEL PERLA ASSOCIATES, L.P., Plaintiff-Appellant, v. ZLD REALTY, LLC…

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

Date published: Nov 21, 2000

Citations

277 A.D.2d 115 (N.Y. App. Div. 2000)
716 N.Y.S.2d 298

Citing Cases

Consolidated Mortgage, LLC v. Westport Golf Investors, LLC

ell as that of its members—and the manner in which it declared a default, we agree with Supreme Court that…