Opinion
Nos. 487 488 Index No. 850075/22 Case Nos. 2022 05382 2023-00791
06-15-2023
Westerman Ball Ederer Miller Zucker & Sharfstein, LLP, Uniondale (Greg S. Zucker of counsel), for Homes and More LLC and Albert Rabizadeh, appellants. Moritt Hock & Hamroff LLP, Garden City (Robert M. Tils of counsel), for respondent.
Westerman Ball Ederer Miller Zucker & Sharfstein, LLP, Uniondale (Greg S. Zucker of counsel), for Homes and More LLC and Albert Rabizadeh, appellants.
Moritt Hock & Hamroff LLP, Garden City (Robert M. Tils of counsel), for respondent.
Before: Renwick, A.P.J., Kennedy, Mendez, Rodriguez, Higgitt, JJ.
Order, Supreme Court, New York County (Francis A. Khan III, J.), entered on or about October 7, 2022, which granted plaintiff's motion for the appointment of a receiver, unanimously affirmed, without costs. Appeal from order, same court and Justice, entered February 8, 2023, which, to the extent appealed from as limited by the briefs, upon reargument, adhered to its original determination, unanimously dismissed, without costs, as academic.
The court providently exercised its discretion in granting the appointment of a receiver during the instant mortgage foreclosure of the premises at 145 Bleecker Street, New York, New York and 87-36 Avon Street, Queens, New York. Under Section 2.2(a)(viii) of the mortgage instruments at issue, in the event of default, plaintiff may apply for the appointment of a receiver, without notice and without regard for adequacy of the security for the debt, and without requirement that plaintiff demonstrate more than what is required by Real Property Law § 254 (10) (see CSFB 2004-C3 Bronx Apts LLC v Sinckler, Inc., 96 A.D.3d 680, 68-681 [1st Dept 2012]; Ridgewood Sav. Bank v New Line Realty VI Corp., 24 Misc.3d 1227 [A] *2-*3 [Sup Ct, Bronx County 2009]).
Contrary to defendants' argument, plaintiff did not waive its right to foreclose under the mortgages (see 800 Third Ave. Assoc., LLC v Roadrunner Capital Partners LLC, 214 A.D.3d 429, 429 [1st Dept 2023]).
We have considered defendants' remaining arguments and find them unavailing.