PS Funding, Inc. v. 1641 Park Place, LLC

PS Funding, Inc., 2025 NY Slip Op 03349 (Appellate Division Second Judicial Department 2025) · Appellate Division, Second Judicial Department · June 4, 2025 · No. Index No. 512438/20

Summary

This New York Appellate Division decision addresses a mortgage foreclosure action where the defendant appealed the trial court's confirmation of a referee's report and subsequent judgment of foreclosure and sale. The appellate court reversed the lower court's orders, finding that the plaintiff failed to establish a proper foundation for admitting third-party business records into evidence to support the referee's computations. The matter was remanded to the Supreme Court, Kings County, for a new referee's report computing the amount due, followed by further proceedings under CPLR 4403.

Court
Appellate Division, Second Judicial Department
Writing for the Court
Connolly, J.P.; Ford, J.; Voutsinas, J.; Ventura, J.
Jurisdiction
New York
Decision date
June 4, 2025
Docket number
Index No. 512438/20
Procedural posture
Appeal from a Supreme Court, Kings County order granting plaintiff's motion to confirm referee's report and judgment of foreclosure and sale; also appeal from the judgment itself.
Standard of review
law
Precedential value
published
Parties
1641 Park Place, LLC v. PS Funding, Inc.
Disposition
reversed_and_remanded

Topics

foreclosuremortgagesevidencecivil procedure

Practice areas

real estateevidencecivil procedure

Questions Presented

  1. Whether the referee's report was substantially supported by the record and therefore subject to confirmation
  2. Whether the trial court erred in admitting documents as business records without proper foundation
  3. Whether the appeal from the order was proper given the entry of the judgment of foreclosure and sale

Holdings

  1. The appellate court reversed the order confirming the referee's report because the report was not substantially supported by the record.
  2. The appeal from the order is dismissed because the right of direct appeal terminated with the entry of the judgment of foreclosure and sale.

Key quotations

The report of a referee should be confirmed whenever the findings are substantially supported by the record, and the referee has clearly defined the issues and resolved matters of credibility. (at 1)
The referee's findings and recommendations are advisory only and have no binding effect on the court, which remains the ultimate arbiter of the dispute. (at 1)
[A]s a general rule, the mere filing of papers received from other entities, even if they are retained in the regular course of business, is insufficient to qualify the documents as business records. (at 3)

Factual background

The plaintiff sought to foreclose a mortgage on real property in Brooklyn. The defendant failed to answer the complaint. The trial court appointed a referee who prepared a report based largely on an affidavit and various invoices. The plaintiff sought confirmation of the referee's report and a judgment of foreclosure and sale.

Procedural history

The Supreme Court, Kings County appointed a referee to compute the amount due on a mortgage. The plaintiff moved to confirm the referee's report and obtain a judgment of foreclosure. The trial court granted the motion and entered a judgment of foreclosure and sale. The defendant appealed both the order confirming the report and the judgment.

Remand instructions

Remit the matter to the Supreme Court, Kings County, for a new report computing the amount due to the plaintiff, followed by further proceedings in accordance with CPLR 4403 and the entry of an appropriate amended judgment thereafter.

Court Document

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