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MATTER OF ATREET CORP. v. O'CLEIREACAIN

204 A.D.2d 627 (1994)

612 N.Y.S.2d 211

In the Matter of Atreet Corporation, Appellant, v. Carol O'Cleireacain, as Commissioner of The New York City Department of Finance, et al., Respondents

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

May 23, 1994

Ordered that the judgment is affirmed, with costs.

In 1981, the City commenced an in rem tax foreclosure action against a certain parcel of real property located in Staten Island and owned by the petitioner, a business corporation. Acting to avoid a final judgment of foreclosure on the property, on March 6, 1984, the petitioner entered into an in rem installment agreement with the City calling for payments totalling $425...

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