STATE OF N. Y. v. PARKCHESTER APTS.


61 Misc.2d 1020 (1970)

In the Matter of the State of New York by Louis J. Lefkowitz, Attorney-General of the State of New York, Petitioner, v. Parkchester Apts. Co. et al., Respondents.

Supreme Court, Special Term, New York County.

February 3, 1970


Attorney(s) appearing for the Case

Louis J. Lefkowitz, Attorney-General (Judith T. Younger of counsel), for petitioner. Paul Weiss Goldberg Rifkind Wharton & Garrison (Simon H. Rifkind of counsel), for Parkchester Apts. Co. and others, respondents. Whitman, Ransom & Coulson (Charles F. Preusse and Dugald J. Brown of counsel), for Bank of Commerce, respondent.


JOSEPH A. SARAFITE, J.

Motions numbered 47, 149 and 150 are hereby consolidated and determined.

The Attorney-General of the State of New York proceeding under subdivision 12 of section 63 of the Executive Law seeks an order (1) to restrain alleged "fraudulent and illegal" practices by the respondents in maintaining in a noninterest bearing account the tenant's rent security deposits at the Parkchester...

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