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Matter of City of New York

Appellate Division of the Supreme Court of New York, Second Department
Jun 22, 1970
34 A.D.2d 995 (N.Y. App. Div. 1970)

Opinion

June 22, 1970


Two first separate and partial final decrees of the Supreme Court, County of Queens, both dated February 14, 1969, one as to damage parcels 1 to 16, inclusive, 16 A, 16 B, 18, 19 and 20, and the other as to damage parcels 22 to 34, inclusive, affirmed insofar as appealed from, without costs. In affirming the above decrees we are not unmindful of the recent decision by the Court of Appeals in Matter of the City of New York (Manhattan Civic Center Area — Boehm; Duane Reade Corp.) ( 27 N.Y.2d 518, affg. 32 A.D.2d 530), which, by its affirmance, determined the interest rate in situations comparable to the one at bar to be 6% beginning August 1, 1966. In this respect we note that in the instant proceedings Special Term, by its decision dated January 27, 1969, stated that, in view of the cases now on appeal on the question of the maximum rate of interest, the final decree "shall not prejudice the claimant seeking a modification thereof in the event that the appellate courts should allow interest at a rate in excess of that presently permissible." Absent an express provision for interest in the decrees presently before us and absent a request in the briefs for a modification of the decrees so as to include permissible interest, the parties are relegated to seeking such modification with respect to interest as they may be advised. Rabin, Acting P.J., Hopkins, Martuscello and Brennan, JJ., concur. (Beldock, P.J., deceased.)


Summaries of

Matter of City of New York

Appellate Division of the Supreme Court of New York, Second Department
Jun 22, 1970
34 A.D.2d 995 (N.Y. App. Div. 1970)
Case details for

Matter of City of New York

Case Details

Full title:In the Matter of the CITY OF NEW YORK, Appellant-Respondent, Relative to…

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Jun 22, 1970

Citations

34 A.D.2d 995 (N.Y. App. Div. 1970)