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MORTGAGE LOAN v. CONEY IS.

109 A.D.2d 311 (1985)

New York State Mortgage Loan Enforcement & Administration Corporation et al., Appellants, v. Coney Island Site Five Houses, Inc., et al., Respondents; et al., Defendants. (And Another Title.)

Appellate Division of the Supreme Court of the State of New York, Second Department.

July 8, 1985

Attorney(s) appearing for the Case

Richard S. Pergolizzi (Donovan Leisure Newton & Irvine [Frank S. Ioppolo and J. Peter Coll, Jr.] of counsel), for appellants.

Olnick, Boxer, Blumberg, Lane & Troy and Wildman, Harrold, Allen & Dixon (Michael L. McCluggage, Donald A. Derfner, John H. Beers and Martin J. Hatlie of counsel), for respondents. (One brief filed.)

MOLLEN, P. J., BRACKEN and O'CONNOR, JJ., concur.

NIEHOFF, J.

These lawsuits involve two State-subsidized low-income housing projects located next to each other in Coney Island which are owned and operated by the same principals, albeit under different names (hereinafter referred to collectively as defendant owners). Plaintiff New York State Project Finance Agency (PFA) is the holder of two mortgages, one on each of the projects. Plaintiff New York State Urban...

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