NEW YORK CITY WATERFRONT DEV. FUND II, LLC v. PIER A BATTERY PARK ASSOC., LLC

Index No. 657055/20, Appeal No. 16205, Case No. 2021-03665.

206 A.D.3d 565 (2022)

172 N.Y.S.3d 7

2022 NY Slip Op 04127

New York City Waterfront Development Fund II, LLC, Appellant, v. Pier A Battery Park Assoc., LLC et al., Respondents.

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

Decided June 28, 2022.


Attorney(s) appearing for the Case

Weil, Gotschal & Manges LLP, New York ( Gregory Silbert of counsel), for appellant.

Akerman LLP, New York ( Benjamin Joelson of counsel), for respondents.

Concur—Gische, J.P., Kern, Mazzarelli, Singh, Rodriguez, JJ.


This dispute arises from plaintiff's $16.5 million loan to defendant borrower Pier A LLC (Borrower) for premises known as "Pier A." There are two agreements at issue on this appeal— first is the loan agreement1 between plaintiff and defendant borrower Pier A LLC (Borrower); second is the lease agreement2 between Borrower and non-party Battery Park City Authority (BPCA).

The complaint alleges that defendants...

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