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Aristone Realty Capital, LLC v. 9 E. 16th Street LLC

Supreme Court, Appellate Division, First Department, New York.
Apr 12, 2012
94 A.D.3d 519 (N.Y. App. Div. 2012)

Opinion

2012-04-12

ARISTONE REALTY CAPITAL, LLC, Plaintiff–Respondent, v. 9 E. 16TH STREET LLC, et al., Defendants–Appellants,Crowell & Moring, et al., Defendants.

D'Agostino, Levine, Landesman & Lederman, LLP, New York (Bruce H. Lederman of counsel), for appellants. Dunnington, Bartholow & Miller LLP, New York (Luke McGrath of counsel), for respondent.


D'Agostino, Levine, Landesman & Lederman, LLP, New York (Bruce H. Lederman of counsel), for appellants. Dunnington, Bartholow & Miller LLP, New York (Luke McGrath of counsel), for respondent.

Order, Supreme Court, New York County (Charles E. Ramos, J.), entered December 6, 2011, which denied the motion of defendants 9 E. 16th Street LLC, Regal Real Estate, LLC d/b/a Regal Investments Inc., Maurice Laboz and William Punch for, inter alia, summary judgment dismissing plaintiff's claim for specific performance, unanimously affirmed, with costs.

In this action arising out of a failed real estate transaction, purchaser and seller met with their counsel and allegedly agreed upon the terms and conditions of the sale. Thereafter, the attorneys exchanged e-mail communications, culminating in seller's counsel's transmittal of an “execution version” of the contract that allegedly contained the previously agreed upon terms and provided the purchaser with wiring instructions for payment of the deposit. Unlike an earlier e-mail that transmitted a “proposed contract” subject to his client's “review and modification,” the latter e-mail was not so qualified. In response to the offer e-mail, purchaser's counsel exchanged a signature page executed by his client and purchaser tendered payment of the deposit. Under these circumstances, triable issues of fact exist as to the viability of plaintiff's claim for specific performance, despite the lack of a fully executed contract ( see Newmark & Co. Real Estate Inc. v 2615 E. 17 St. Realty LLC, 80 A.D.3d 476, 914 N.Y.S.2d 162 [2011]; cf. Naldi v. Grunberg, 80 A.D.3d 1, 6, 908 N.Y.S.2d 639 [2010], lv. denied 16 N.Y.3d 711, 2011 WL 1643544 [2011] ).

Further, a triable issue of fact exists as to whether seller's attorney, who copied his client on the relevant e-mail communications without any protest, had apparent authority to act on seller's behalf ( see Korin Group v. Emar Bldg. Corp., 291 A.D.2d 270, 737 N.Y.S.2d 367 [2002] ). Plaintiff's demand for, and acceptance of, a return of the deposit, in response to, inter alia, concerns about the integrity of the escrowed deposit, while allegedly reserving its right to enforce the contract and pursuing a countersigned contract, did not evidence, as a matter of law, an intent to cancel any contract formed.

MAZZARELLI, J.P., CATTERSON, DeGRASSE, MANZANET–DANIELS, ROMÁN, JJ., concur.


Summaries of

Aristone Realty Capital, LLC v. 9 E. 16th Street LLC

Supreme Court, Appellate Division, First Department, New York.
Apr 12, 2012
94 A.D.3d 519 (N.Y. App. Div. 2012)
Case details for

Aristone Realty Capital, LLC v. 9 E. 16th Street LLC

Case Details

Full title:ARISTONE REALTY CAPITAL, LLC, Plaintiff–Respondent, v. 9 E. 16TH STREET…

Court:Supreme Court, Appellate Division, First Department, New York.

Date published: Apr 12, 2012

Citations

94 A.D.3d 519 (N.Y. App. Div. 2012)
941 N.Y.S.2d 840
2012 N.Y. Slip Op. 2757

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