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  • Ariel Bronxville Llc v. Saeid Tehrani, Shahla Tehrani A/K/A SHAHLE TEHRANI, Hsbc Mortgage Corporation (Usa), Bpd Bank, Manheim Automotive Financial ServicesReal Property - Mortgage Foreclosure - Residential document preview
  • Ariel Bronxville Llc v. Saeid Tehrani, Shahla Tehrani A/K/A SHAHLE TEHRANI, Hsbc Mortgage Corporation (Usa), Bpd Bank, Manheim Automotive Financial ServicesReal Property - Mortgage Foreclosure - Residential document preview
  • Ariel Bronxville Llc v. Saeid Tehrani, Shahla Tehrani A/K/A SHAHLE TEHRANI, Hsbc Mortgage Corporation (Usa), Bpd Bank, Manheim Automotive Financial ServicesReal Property - Mortgage Foreclosure - Residential document preview
  • Ariel Bronxville Llc v. Saeid Tehrani, Shahla Tehrani A/K/A SHAHLE TEHRANI, Hsbc Mortgage Corporation (Usa), Bpd Bank, Manheim Automotive Financial ServicesReal Property - Mortgage Foreclosure - Residential document preview
  • Ariel Bronxville Llc v. Saeid Tehrani, Shahla Tehrani A/K/A SHAHLE TEHRANI, Hsbc Mortgage Corporation (Usa), Bpd Bank, Manheim Automotive Financial ServicesReal Property - Mortgage Foreclosure - Residential document preview
  • Ariel Bronxville Llc v. Saeid Tehrani, Shahla Tehrani A/K/A SHAHLE TEHRANI, Hsbc Mortgage Corporation (Usa), Bpd Bank, Manheim Automotive Financial ServicesReal Property - Mortgage Foreclosure - Residential document preview
						
                                

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FILED: NASSAU COUNTY CLERK 01/03/2022 04:53 PM INDEX NO. 015816/2010 NYSCEF DOC. NO. 110 RECEIVED NYSCEF: 01/03/2022 SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NASSAU ARIEL BRONXVILLE LLC, Index No.: 015816/2010 Plaintiff, - against - REPLY ATTORNEY’S STATEMENT SAEID TEHRANI, SHAHLA TEHRANI A/K/A IN FURTHER SUPPORT OF SHAHLE TEHRANI, HSBC MORTGAGE PLAINTIFF’S MOTION CORPORATION (USA); BPD BANK, CHALLENGING DEFENDANT’S MANHEIM AUTOMOTIVE FINANCIAL HARDSHIP DECLARATION SERVICES, Defendants. Mot. Seq. No. 8 Assigned to Foreclosure Part 2 STATE OF NEW YORK, COUNTY OF NEW YORK. NICHOLAS A. SAVINO, pursuant to CPLR 2106 and under the penalties of perjury, affirms: 1. I am an attorney admitted to practice law before the courts of the State of New York associated with Zeichner Ellman & Krause LLP, attorneys for plaintiff Ariel Bronxville LLC (“Ariel” or “Plaintiff”). 2. I make this reply statement in further support of Plaintiff’s motion for an order: (i) pursuant to Administrative Order 262/21 (“AO 262/21”) and Senate Bill S50001 (“SB S50001”), holding that the Residential Hardship Declaration filed on February 3, 2021 (the “Hardship Declaration”) by defendant Saeid Tehrani (“Defendant”) is invalid; (ii)holding that there is no stay of proceedings, (iii) holding that this matter may proceed in the normal course; (iv) holding that Plaintiff may immediately re-file a request to schedule a sale; and (v) granting such other and further relief as the Court deems just and proper. 1 of 3 FILED: NASSAU COUNTY CLERK 01/03/2022 04:53 PM INDEX NO. 015816/2010 NYSCEF DOC. NO. 110 RECEIVED NYSCEF: 01/03/2022 PROCEDURAL HISTORY 3. The facts and procedural history are fully set forth in the Attorney Statement of Nicholas A. Savino, Esq. dated November 8, 2021 previously submitted to the Court in support of plaintiff’s motion (the “Savino Stmt.”). For the sake of brevity, they are not repeated here. 4. It has been widely reported throughout the Pandemic that there has been exceptionally high demand for vehicles, which has caused the prices of new and used cars to soar. See https://www.businessinsider.com/why-used-new-cars-prices-are-expensive-charts-2021-10 (the “Business Insider Article”). The Business Insider Article is annexed hereto and made a part hereof as Exhibit A. 5. As recently as November 30, 2021, Forbes reported “that wholesale prices for used car sales are still through the roof due to continued high demand and low supply . . . .” See https://www.forbes.com/sites/jimhenry/2021/11/30/used-cars-and-trucks-command-high- prices-high-demand-low-supply/?sh=3e3801255ad3 (the “Forbes Article”) (emphasis added). The Forbes Article is annexed hereto and made a part hereof as Exhibit B. 6. In fact, car dealership profits are at record highs. See https://www.autonews.com/retail/why-average-dealership-profits-are-setting-new-records (the “Auto News Article”). The Auto News Article is annexed hereto and made a part hereof as Exhibit C. CONCLUSION Based on the foregoing, the moving papers, the accompanying Reply Memorandum of Law, and the pleadings and proceedings in this matter, the Court should hold that Defendant’s 2 2 of 3 FILED: NASSAU COUNTY CLERK 01/03/2022 04:53 PM INDEX NO. 015816/2010 NYSCEF DOC. NO. 110 RECEIVED NYSCEF: 01/03/2022 Residential Hardship Declaration is invalid and permit this matter to proceed in the normal course. The Court should grant Plaintiff’s motion and such other and further relief as the Court deems just and proper. Dated: January 3, 2022 ________/s/ Nicholas A. Savino _________ NICHOLAS A. SAVINO 3 3 of 3