CITY OF NEW YORK v. L.J.W.P. REALTY CO. L. L. C.


269 A.D.2d 810 (2000)

702 N.Y.S.2d 482

CITY OF NEW YORK, Respondent, v. L.J.W.P. REALTY CO., L. L. C., Appellant, et al., Defendants. FRANCIS T. MURPHY, Respondent. (Appeal No. 3.)

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

Decided February 16, 2000.


Order unanimously modified on the law and as modified affirmed without costs in accordance with the following Memorandum: Following the sale of the property at issue in this appeal by a receiver in March 1999 for $8.2 million, Supreme Court properly directed the payment of $175,478.01 in counsel fees and $246,000 in broker's fees. We conclude, however, that the receiver's commission of $350,000 is excessive. "The authority for the receiver's commission, CPLR 8004 (a), provides...

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