201 BROOK REALTY CORP. v. MERRILL ASSOCS.


192 A.D.2d 302 (1993)

595 N.Y.S.2d 460

201 Brook Realty Corp., Respondent, v. Merrill Associates et al., Appellants, et al., Defendants

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

April 1, 1993


Sufficient "special circumstances" were demonstrated to warrant the discontinuance of this foreclosure action on a second mortgage in favor of an action at law on the underlying debt, namely, the extreme unlikelihood that foreclosure will satisfy the debt owing to plaintiff in view of the amount of the first mortgage, which is also in default, as well as the fire that occurred at the subject premises (see, Manufacturers Hanover Trust Co. v 400 Garden City Assocs...

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