The captioned actions are two of at least four proceedings involving these parties growing out of a contract, entered into on December 7, 1983, for the sale of property located at 515 East 12th Street in Manhattan. Under the terms of the contract defendant-appellant 515 East 12th Street, Inc., the buyer, gave a purchase-money mortgage in the amount of $115,000 to Joseph Gentile, the seller. Defendant-appellant 515 East 12th Street, Inc. commenced the first action claiming...
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