AMT CADC VENTURE v. 455 CPW

810109/2011

45 Misc.3d 176 (2013)

992 N.Y.S.2d 844

2013 NY Slip Op 23471

AMT CADC VENTURE, LLC, Plaintiff, v. 455 CPW, L.L.C., et al., Defendants.

Supreme Court, New York County.

Decided October 18, 2013.


Attorney(s) appearing for the Case

Greenberg Traurig, LLP, New York City ( Steven Sinatra of counsel), for plaintiff.

Gallet Dreyer & Berkey, LLP, New York City ( Edward M. Cuddy III of counsel), for Board of Managers of the 455 Central Park West Condominium, defendant.


OPINION OF THE COURT

LUCY BILLINGS, J.

I. Background

Plaintiff sues to foreclose on a consolidated mortgage assigned to plaintiff, encumbering three residential units and a commercial garage unit in a condominium building. Defendant sponsor and owner of the mortgaged condominium units, 455 Central Park West, L.L.C. (455 CPW), defaulted on the mortgage in September 2009. Defendant Board of Managers of the 455 Central Park West Condominium...

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