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PUTNAM COUNTY NATIONAL BANK v. CITY OF NEW YORK

37 A.D.3d 575 (2007)

829 N.Y.S.2d 661

PUTNAM COUNTY NATIONAL BANK, Appellant, v. CITY OF NEW YORK, Respondent.

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

Decided February 13, 2007.

Ordered that the order is affirmed, with costs.

The plaintiff, Putnam County National Bank (hereinafter the Bank), acquired title to an undeveloped parcel of real property in the Town of Carmel in Putnam County at a foreclosure sale on or about April 6, 1995. The Town of Carmel and the Putnam County Board of Health approved a plan for the subdivision of the parcel into 36 lots, and the State of New York issued a water pollution...

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