Leon P. Nagin et al., on Behalf of Themselves and All Other Persons Similarly Situated, Plaintiffs,
v.
Long Island Savings Bank, Defendant. Janet M. Reynolds et al., Additional Parties Upon Counterclaims.
Supreme Court, Special Term, Nassau County.https://leagle.com/images/logo.png
May 19, 1982
May 19, 1982
Attorney(s) appearing for the Case
Laurance W. Nagin and Kenneth L. Nagin for plaintiffs. Suozzi, English & Cianciulli, P. C., for defendant. Eugene Bermack for Janet M. Reynolds, additional party upon counterclaim. Seymour J. Harris, P. C., for Sondra Perloff and another, additional parties upon counterclaims. Farrell, Fritz, Caemmerer & Cleary, P. C., for Leonard Ostreich and another, additional parties upon counterclaims. Gotlin & Jaffe for Theodore Kellert and another, additional parties upon counterclaims. Jerry Winter, P. C., for Irving Siegel, additional party upon counterclaim. Peter A. Silverstein for P. Fred Weingarten and another, additional parties upon counterclaims. Theodore D. Hoffman for Sol Wachtler and another, additional parties upon counterclaims. Albin & Richman for Harry Feldman and another, additional parties upon counterclaims.
Supreme Court, Special Term, Nassau County.
HOWARD E. LEVITT, J.
Motion and cross motions for summary judgment are disposed of as hereinafter set forth.
Plaintiffs, owners of a condominium residence at The Greens of North Hills, located in North Hills, New York, seek to invalidate as allegedly usurious, a mortgage note and mortgage in the principal amount of $80,000 and bearing interest at the rate of 10¾% per annum, which was executed in...
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