Opinion
14544 Index No. 657153/20 Case No. 2021-02487
11-04-2021
David KIM, Plaintiff–Respondent, v. HFZ 11 BEACH STREET LLC, et al., Defendants, Unit 3B 11 Beach LLC, Defendant–Appellant.
Rosen Law LLC, Great Neck (Gary Rosen of counsel), for appellant. Ganfer Shore Leeds & Zauderer LLP, New York (Steven J. Shore of counsel), for respondent.
Rosen Law LLC, Great Neck (Gary Rosen of counsel), for appellant.
Ganfer Shore Leeds & Zauderer LLP, New York (Steven J. Shore of counsel), for respondent.
Gische, J.P., Mazzarelli, Shulman, Pitt, Higgitt, JJ.
Order, Supreme Court, New York County (Nancy M. Bannon, J.), entered June 17, 2021, which, inter alia, denied in part defendant's motion to cancel the notice of pendency insofar as it directed that the notice of pendency shall be cancelled if defendant posted a bond in the amount of $4,375,000 within 20 days, unless thereafter plaintiff also posted a bond in the amount of $150,095 within 40 days, unanimously affirmed, without costs.
The court properly utilized the "double bonding" approach of CPLR 6515(2) to cancel the notice of pendency upon posting of a bond by defendant unless plaintiff posts an undertaking that will indemnify defendant for any damages flowing from the notice of pendency (see Hakmon v. 244 E. 48th St. Dev., LLC, 188 A.D.3d 460, 135 N.Y.S.3d 381 [1st Dept. 2020] ; Ansonia Realty Co. v. Ansonia Assoc., 117 A.D.2d 527, 498 N.Y.S.2d 141 [1st Dept. 1986] ). There is no basis to disturb the amounts of the bonds imposed.