JPMorgan Chase Bank will probably have to wait awhile to collect a $104,439 debt from an Ossining deli owner. The debtor is in state prison and won’t be released, at the earliest, until mid-2026.
Chase accused Patrick Patierno and Della Valle’s Market Corp. of breach of contract, in a complaint filed May 4 in Westchester Supreme Court.
In 2007, Della Valle’s borrowed $100,000 from Chase. Patierno guaranteed prompt payments and all future obligations on the loan.
Last December, Chase claims, Della Valle’s stopped making loan payments. The bank declared a default and demanded the entire balance.
Della Valle’s was operating at 97 Main St., Ossining, as Villarina’s Village Deli.
By the time the bank declared default, Patierno, 55, was residing at Greene Correctional Facility in Coxsackie, near Albany. The Greene lockup is a minimum security prison that offers several programs for the inmates, including sex offender treatment.
Ossining police arrested Patierno in January 2021 after an employee accused him of entering her home, restraining her and forcibly subjecting her to sexual contact.
A jury found him guilty of sexual abuse and unlawful imprisonment, in a two week trial last May. In August, he was sentenced to a 5-year stint.
If he serves the maximum sentence, he will be released in May 2027.
Even then, Chase’s chance of collecting could be limited. Patierno was also sentenced to 10 years of post-release supervision and will have to register as a sex offender, making it more difficult to earn a living.
And he no longer owns the Yorktown Heights home he bought for $760,00 in 2006. Last year he was divorced and he deeded his interest in the home to his ex-wife for $0.
