FEDERAL DEPOSIT INS. v. 7 BROTHERS CONSTR

The IAS Court correctly held that a receiver is not entitled to accrued rent paid by a tenant to a managing agent before the receiver's appointment, even though not actually received by the landlord at the time of the appointment ( Kane Assocs. v Blumenson, 30 AD2d 127, affd 23 NY2d 942). We have considered the receiver's other arguments and find them to be without merit.