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UNITED STATES v. CHELSEA TOWERS, INC.

Civ. No. 1083-67.

295 F.Supp. 1242 (1967)

UNITED STATES of America, Plaintiff, v. CHELSEA TOWERS, INC., Defendant.

United States District Court D. New Jersey.

October 27, 1967.

Attorney(s) appearing for the Case

David M. Satz, Jr., U. S. Atty., Newark, N. J., by Donald G. Targan, Asst. U. S. Atty., for the United States of America, plaintiff.

Gorson, Lazarow & Aron, by Joseph Lazarow, Atlantic City, N. J., Harold Finkle, New York City, of counsel, for defendant.

OPINION

COHEN, District Judge:

On October 27, 1967 the plaintiff, United States of America, instituted this mortgage foreclosure action for default of the defendant, Chelsea Towers, Inc. (Chelsea), regarding a 156 unit cooperative apartment building in Atlantic City, New Jersey, constructed under the provisions of Title 2, section 213, of the National Housing Act.1 Plaintiff moves for summary judgment, pursuant to Rule 56, F...

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