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Financitech, Ltd. v. GML Syracuse LLC

SUPREME COURT OF THE STATE OF NEW YORK Appellate Division, Fourth Judicial Department
Jun 12, 2015
129 A.D.3d 1552 (N.Y. App. Div. 2015)

Opinion

778 CA 14-02167

06-12-2015

FINANCITECH, LTD., Plaintiff–Appellant, v. GML SYRACUSE LLC, Amadeus Development, Inc., Defendants–Respondents, Holmes King Kallquist & Associates, LLP, et al., Defendants.

Maynard, O'Connor, Smith & Catalinotto, LLP, Albany (Justin W. Gray of Counsel), for Plaintiff–Appellant. Melvin & Melvin, PLLC, Syracuse (Kenneth J. Bobrycki of Counsel), for Defendant–Respondent GML Syracuse LLC. Robinson Brog Leinwand Greene Genovese & Gluck P.C., New York City (Roger A. Raimond of Counsel), for Defendant–Respondent Amadeus Development, Inc.


Maynard, O'Connor, Smith & Catalinotto, LLP, Albany (Justin W. Gray of Counsel), for Plaintiff–Appellant.

Melvin & Melvin, PLLC, Syracuse (Kenneth J. Bobrycki of Counsel), for Defendant–Respondent GML Syracuse LLC.

Robinson Brog Leinwand Greene Genovese & Gluck P.C., New York City (Roger A. Raimond of Counsel), for Defendant–Respondent Amadeus Development, Inc.

PRESENT: SCUDDER, P.J., SMITH, SCONIERS, VALENTINO, and DeJOSEPH, JJ.

Opinion

MEMORANDUM:

Plaintiff appeals from an order denying its motion for summary judgment in this action to foreclose two mortgages. Following entry of that order, the mortgaged premises were acquired by the City of Syracuse Industrial Development Agency in a proceeding pursuant to the Eminent Domain Procedure Law. “It is well established that, upon the vesting of title in a condemnation proceeding, all lien interests in the subject property by virtue of mortgages, unpaid taxes, or unsatisfied judgments, are extinguished” (Matter of County of Rockland [Kohl Indus. Park Co.], 172 A.D.2d 607, 609, 568 N.Y.S.2d 425 ; see Matter of County of Nassau [Gelb–Siegel], 24 N.Y.2d 621, 626, 301 N.Y.S.2d 564, 249 N.E.2d 426 ). The relief sought by plaintiff in the motion, i.e., appointment of a receiver and foreclosure of the mortgages, is no longer available, and the appeal must therefore be dismissed as moot (see Matter

of Tessler v. Board of Educ. of City of N.Y., 49 A.D.3d 428, 429, 854 N.Y.S.2d 66 ).

It is hereby ORDERED that said appeal is unanimously dismissed without costs.


Summaries of

Financitech, Ltd. v. GML Syracuse LLC

SUPREME COURT OF THE STATE OF NEW YORK Appellate Division, Fourth Judicial Department
Jun 12, 2015
129 A.D.3d 1552 (N.Y. App. Div. 2015)
Case details for

Financitech, Ltd. v. GML Syracuse LLC

Case Details

Full title:FINANCITECH, LTD., PLAINTIFF-APPELLANT, v. GML SYRACUSE LLC, AMADEUS…

Court:SUPREME COURT OF THE STATE OF NEW YORK Appellate Division, Fourth Judicial Department

Date published: Jun 12, 2015

Citations

129 A.D.3d 1552 (N.Y. App. Div. 2015)
129 A.D.3d 1552
2015 N.Y. Slip Op. 5059

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