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  5. 266 A.D.2d 39 (1999)
 

NYCTL 1996-1 TRUST v. RAILROAD MAINTENANCE CORP.

266 A.D.2d 39 (1999)

698 N.Y.S.2d 27

NYCTL 1996-1 TRUST et al., Respondents, v. RAILROAD MAINTENANCE CORP., Appellant, et al., Defendants.

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

Decided November 9, 1999.

The tax lien certificate in favor of "The Bank of New York as Collateral Agent and Custodian" constituted "presumptive evidence" of the transfer of the lien to Bank of New York (BNY) and the lien's beneficial owner(s) (Administrative Code of City of NY § 11-336), and was sufficient to establish a prima facie right on the part of plaintiffs to bring this action to foreclose the lien. Defendant RMC's contention that it was unfairly...

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