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STATE ST. BANK & TRUST CO. v. SILBERSHATZ

251 A.D.2d 114 (1998)

674 N.Y.S.2d 40

State Street Bank and Trust Company, Appellant, v. Abraham Silbershatz et al., Defendants. Krispha Realty Corporation et al., Nonparty Respondents

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

June 11, 1998

The motion court properly denied the equitable relief sought by plaintiff, since plaintiff, the bank foreclosing the mortgage upon Unit 12C at the Museum Tower Condominium, failed to show that there was any reasonable basis for its presently alleged reliance upon representations by the nonparty respondents, the purchasers of contiguous Units 12C and 12J at separate foreclosure sales, that, although individually accomplished, the...

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