Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Kevin J. O'CONNELL, et al., appellants, et al., plaintiff, v. 1140 MANAGEMENT CORP., et al., respondents.
In an action, inter alia, for a judgment declaring that the defendants have no right to terminate the plaintiffs' tenancies, the plaintiffs Kevin J. O'Connell, Joseph Sing, and Manny Mannivanan appeal from an order of the Supreme Court, Nassau County (Davis, J.), dated December 23, 1998, which granted the defendants' motion for summary judgment on the counterclaim, denied their cross motion for summary judgment, and directed the entry of an appropriate judgment.
ORDERED that the order is affirmed, with costs.
We agree with the Supreme Court that upon the foreclosure of the underlying mortgage, the proprietary leases to which the plaintiffs were parties were canceled (see, Federal Home Loan Mtge. Corp. v. New York State Div. of Hous. & Community Renewal, 87 N.Y.2d 325, 331, 639 N.Y.S.2d 293, 662 N.E.2d 773; see also, Bergman, Mortgage Foreclosure, § 37.09[2][a]; DiLorenzo, New York Condominium and Cooperative Law § 1:2 [2d ed.] ). Unlike the situation in Federal Home Loan Mtge. Corp. v. New York State Div. of Hous. and Community Renewal (supra), in which the building formerly owned by a cooperative corporation was subject to rent regulation, the cancellation of the proprietary leases in this case leaves no practical way of determining the rent, which is an essential term of any lease (see, e.g., Martin, Delicatessen v. Schumacher, 52 N.Y.2d 105, 436 N.Y.S.2d 247, 417 N.E.2d 541).
MEMORANDUM BY THE COURT.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes visit FindLaw's Learn About the Law.
Decided: April 10, 2000
Court: Supreme Court, Appellate Division, Second Department, New York.
Search our directory by legal issue
Enter information in one or both fields (Required)
Harness the power of our directory with your own profile. Select the button below to sign up.
Learn more about FindLaw’s newsletters, including our terms of use and privacy policy.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)