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AUBREY EQUITIES, INC. v. GOLDBERG

247 A.D.2d 253 (1998)

668 N.Y.S.2d 598

Aubrey Equities, Inc., Plaintiff, and Daffodil Purchasing Corp., Intervenor-Respondent, v. Burton Goldberg et al., Appellants, et al., Defendants

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

February 10, 1998

In this foreclosure action, the IAS Court properly found that intervenor, as a good faith purchaser for value, is entitled to retain title to the premises purchased from the Referee prior to this Court's reversal of the judgment of foreclosure (212 A.D.2d 397), and that appellants, notwithstanding intervenor's knowledge at the foreclosure sale that an appeal was pending, are relegated to an action for money damages on their underlying debt...

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