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IN RE BROADWAY 704-706 ASSOCIATES

No. 92 B 21226.

154 B.R. 44 (1993)

In re BROADWAY 704-706 ASSOCIATES, Debtor.

United States Bankruptcy Court, S.D. New York.

May 7, 1993.

Attorney(s) appearing for the Case

Nutovic & Lichtenberg, New York City, for debtor.

Bruce H. Roswick, New York City, for Continental Realty Credit Inc. and Westinghouse Credit Corp.

O. Peter Sherwood, Corp. Counsel of the City of New York, New York City (Kathleen J. Cahill, of counsel), for City of New York.

DECISION ON OBJECTION TO CONFIRMATION OF CONTINENTAL PLAN

HOWARD SCHWARTZBERG, Bankruptcy Judge.

The Chapter 11 debtor and the City of New York, Department of Finance (the "City") object to the confirmation of the liquidating Chapter 11 plan of reorganization filed by the first mortgagee, Continental Realty Credit, Inc. ("Continental") and supported by Westinghouse Credit Corp. The plan calls for the payment of the...

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