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EAST RIVER SAV. BANK v. STEINGART

160 A.D.2d 345 (1990)

East River Savings Bank, Plaintiff, v. Gertrude Steingart, as Executrix of Daniel Steingart, Deceased, et al., Defendants, and Movielab, Inc., et al., Appellants-Respondents. William Mendez, Jr., as Referee, Respondent-Appellant

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

April 12, 1990

East River Savings Bank (Bank) held the first mortgage on the property and a building which were both located at 619 West 54th Street (premises), Manhattan. Also, four other lenders held junior mortgages concerning those premises, which were owned by Movielab, Inc. (Movielab).

In July 1988, the Bank commenced a mortgage foreclosure action against Movielab and others (defendants) in the Supreme Court, New York County. Thereafter...

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