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  5. 81 N.Y.2d 1033 (1993)
 

BANKERS TRUST CO. v. BD. OF MANAGERS OF THE PARK 900 CONDO.

81 N.Y.2d 1033 (1993)

616 N.E.2d 848

600 N.Y.S.2d 191

Bankers Trust Company, Respondent, v. Board of Managers of the Park 900 Condominium, Appellant, et al., Defendants.

Court of Appeals of the State of New York.

Decided June 8, 1993.

Attorney(s) appearing for the Case

Rosenberg & Estis, P. C., New York City (Gary M. Rosenberg and Jeffrey Turkel of counsel), for appellant.

Moses & Singer, New York City (Joel David Sharrow, David B. Eizenman and Arthur F. Abelman of counsel), for respondent.

Chief Judge KAYE and Judges SIMONS, TITONE, HANCOCK, JR., BELLACOSA and SMITH concur in memorandum.

MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs, and the certified question should be answered in the affirmative.

In November 1989, plaintiff Bankers Trust commenced this action to foreclose its first mortgage lien against two residential Manhattan condominium units owned by the nonappearing defendants, Joseph Pal and Josephine Pal. In addition to the first mortgage lien, these units...

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