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Josef FRIED, Plaintiff-Appellant, v. GRANITE MANAGEMENT CORPORATION, Defendant-Respondent.
Supreme Court properly granted defendant's motion for summary judgment dismissing the amended complaint. Plaintiff contends that the Referee's sale of the mortgaged property to defendant, the second-highest bidder, upon the default by plaintiff, the highest bidder, was improper because that term of sale was not authorized by the judgment of foreclosure. That contention is rendered moot by Supreme Court's order confirming and ratifying the sale. In any event, plaintiff expressly agreed to the terms of the sale (see, March v. Marasco, 165 App.Div. 348, 350, 150 N.Y.S. 792) and executed, as part of the subsequent contract of sale, a full release of any and all claims arising out of the foreclosure sale (see, Goldberg v. Manufacturers Life Ins. Co., 242 A.D.2d 175, 180-181, 672 N.Y.S.2d 39, lv. dismissed in part and denied in part 92 N.Y.2d 1000, 684 N.Y.S.2d 186, 706 N.E.2d 1210; DeQuatro v. Zhen Yu Li, 211 A.D.2d 609, 621 N.Y.S.2d 369). The contention of plaintiff that he is entitled to relief from his default on the subsequent contract of sale and to an abatement in the purchase price under it is belied by that contract, which provides that there shall be no abatement.
Order unanimously affirmed with costs.
MEMORANDUM:
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Decided: May 07, 1999
Court: Supreme Court, Appellate Division, Fourth Department, New York.
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