Plaintiff seeks to set aside the sale on the ground that it mistakenly instructed its bidder to stop bidding at $110,000 instead of $210,000, the latter figure being the fair market value of the property submitted by plaintiff's appraiser, which was some $15,000 less than the total debt due at the time of the sale. The IAS Court, relying on Second Department authority that unilateral mistake is not a sufficient basis for setting aside a sale, at least where the winning bid...
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