Hyperlawhypertext legal database Robany Corp. v. Westchester Plaza Associates 18 N.Y.2d 947

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Robany Corp. v. Westchester Plaza Associates

18 N.Y.2d 947 Court N.Y. Decision date 1966-12-29 English

Judges Concur: Chief Judge Desmoxd and Judges Fum, Yah Yoorhis, Burke, Soileppi, Bergaw and KeatiNG.

Contents

Majority

p. 947
Robany Corporation, Respondent, v. Westchester Plaza Associates et al., Defendants, and Richard Zirinsky et al., Appellants.
Argued November 23, 1966;
decided December 29, 1966.
p. 949
Milton Pollack, Harry Sand, Irving K. Rubin and Robert H. Sand for appellants.
Simon H. Rifkind and Sidney R. Nussenfeld for respondent.

Order providing for the foreclosure of the mortgage affirmed. Although the instrument upon which defendants-appellants rely to support their claim of an equitable lien upon the property in question is not void, that lien is subordinate to respondent’s purchase-money mortgage. They will be entitled, after satisfaction of respondent’s lien, to participate in any proceedings for the distribution of surplus moneys.

Concur: Chief Judge Desmoxd and Judges Fum, Yah Yoorhis, Burke, Soileppi, Bergaw and KeatiNG.