Karole v 340 W. End Ave., LLC, 2022 NY Slip Op 50317(U) [74 Misc 3d 1233(A)] (2022)

Citation: Karole v 340 W. End Ave., LLC, 2022 NY Slip Op 50317(U) [74 Misc 3d 1233(A)] (2022)
Parent Document: Karole v 340 W. End Ave., LLC, 2022 NY Slip Op 50317(U) [74 Misc 3d 1233(A)] (2022)
Jurisdiction: New York (state)
Effective Date: 2022-04-06
Original Source: https://nycourts.gov/reporter/3dseries/2022/2022_50317.htm ↗

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Claimant is entitled to prejudgment interest on $1,327.93 at the rate of 9% per annum, from
January 15, 2021, the earliest ascertainable date that the cause of action existed—i.e., the
date when claimant was entitled to the full amount of the deposit and could therefore sue
defendant for not returning the deposit ( see Gihon, LLC v 501 Second St., LLC , 103 AD3d 840 , 842-43 [2d
Dept 2013]; see also 23 E. 39th St. Mgt.
Corp. v 23 E. 39th St. Dev., LLC , 134 AD3d 629 , 632 [1st Dept 2015] [tenant was
entitled to interest on the full security deposit from the date of its conversion]; 56 Bogart St., LLC v Vandyke , 60
Misc 3d 135 [A], 2018 NY Slip Op 51063[U] [App Term, 2d Dept, 2d, 11th & 13th Jud
Dists 2018]). As to punitive damages,

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