Hungerford Building Auction Paused by Appeal
The legal move halts the foreclosure of the Rochester site while the courts review a disputed $10.49 million debt calculation.
Updated on Oct. 15, 2026 in Commercial
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An appeal filed in Monroe County has placed the scheduled auction of the Hungerford Building on hold. The move follows a court-ordered foreclosure judgment issued in September 2026.
Why it matters
The dispute centers on a $10.49 million debt claim, with the building owners challenging the calculations used to determine the total amount owed. The outcome of the appeal will determine if the property remains in foreclosure proceedings or if the debt calculation is revised.
A referee report determined the defendants owe $10,490,036.37 to Elizon DB Transfer Agent. The accuracy of this debt figure is the subject of an ongoing appeal currently under review.
The players
Hungerford Building
A commercial property located at the intersection of North Goodman and East Main Streets.
Elizon DB Transfer Agent
The mortgage holder that initiated foreclosure proceedings for the property.
Daniel J. Doyle
The Justice who denied the defendants' initial motion regarding the debt calculations.
Fourth Judicial Department
The appellate court currently tasked with reviewing the appeal.
The details
The foreclosure process began in September 2025 after the owners defaulted on the property's mortgage. Following a September 2026 judgment for the $10.49 million debt, attorneys for the defendants appealed, arguing that the underlying referee report relied on inadmissible testimony and contained significant evidentiary gaps. The property, located at the intersection of North Goodman and East Main Streets, remains on hold pending the review by the Fourth Judicial Department.
Timeline
September 2025: Foreclosure proceedings commenced.
July 2026: Defendants filed a motion opposing the report's calculations.
September 2, 2026: The court granted the foreclosure judgment.
Early October 2026: The appeal was filed in state Supreme Court.
Money Landscape
This dispute over property debt follows standard New York judicial foreclosure protocols. Contested referee reports remain a common point of friction in the state's legal process for commercial mortgage liquidation.
Business owners should ensure all financial records and debt calculations are audited by a tax or legal professional to avoid disputes during debt recovery actions. Any parties involved in similar property disputes should monitor upcoming court filings in the Fourth Judicial Department for updates.
The takeaway
The appeal currently halts the sale of the Hungerford Building, highlighting the importance of verifying debt calculations in foreclosure judgments. Consult with a qualified legal professional to understand how appellate delays might influence local commercial property listings and values.
Further reading
For more information on market trends, visit Commercial.
Source note: This article includes information reported by Rochester Business Journal.
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Should courts maintain strict authority over foreclosure judgments when property owners contest the underlying debt calculations?
