NYCTL 1999-1 TRUST v. 573 JACKSON AVENUE REALTY CORP.

No. 201

13 N.Y.3d 573 (2009)

2009 NY Slip Op 9269

921 N.E.2d 195

893 N.Y.S.2d 503

NYCTL 1999-1 TRUST et al., Respondents, v. 573 JACKSON AVENUE REALTY CORP., Appellant, et al., Defendants.

Court of Appeals of New York.

Decided December 15, 2009.


Attorney(s) appearing for the Case

Joseph A. Altman, P.C., Bronx (Joseph A. Altman of counsel), for appellant.

Rosicki, Rosicki & Associates, P.C., Plainview (Owen M. Robinson of counsel), for respondents.

Chief Judge LIPPMAN and Judges CIPARICK, READ, SMITH, PIGOTT and JONES concur.


OPINION OF THE COURT

GRAFFEO, J.

In this action to foreclose a real property tax lien, we conclude that the property owner did not properly stay the foreclosure sale nor did it exercise its right to redeem. We therefore affirm the order of the Appellate Division.

Defendant 573 Jackson Avenue Realty Corp. (Jackson) failed to pay certain real property taxes on its property located in the Bronx. In May...

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