Ordered that the order is affirmed, with costs.
This action, insofar as asserted against the appellant Mark Scheiner, was settled by so-ordered stipulation dated November 30, 2004 (hereinafter the stipulation), pursuant to which Scheiner agreed to pay the plaintiffs $5,000 in two equal installments. The stipulation also provided that if Scheiner failed to make those payments, the plaintiffs were entitled to a judgment in the sum of $24,000. It is undisputed that Scheiner failed to make the payments required under the stipulation. A judgment dated February 10, 2005, was entered in favor of the plaintiffs and against Scheiner in the principal sum of $24,000.
The defendants moved to vacate the judgment. The Supreme Court correctly denied the motion because the defendants failed to demonstrate grounds to relieve Scheiner from the stipulation ( see McKenzie v Vintage Hallmark, 302 AD2d 503, 504; cf. Aivaliotis v Continental Broker-Dealer Corp., 30 AD3d 446, 447-448; Weitz v Murphy, 241 AD2d 547, 548; Bank of N.Y. v Forlini, 220 AD2d 377, 378).