MATTER OF GALAXY INS. CO.


222 A.D.2d 674 (1995)

635 N.Y.S.2d 690

In the Matter of Galaxy Insurance Company, Respondent. C&E Foundation Corp., Appellant

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

December 29, 1995


Ordered that the judgment is affirmed, with costs.

In response to the application by Galaxy Insurance Company to discharge and cancel its undertaking to discharge the appellant's mechanic's lien, the appellant contended that title to the subject property never properly vested in the New York City Industrial Development Agency (hereinafter the Agency), in that the project built on the land was in contravention of the Agency...

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