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Kwan v. HFZ Cap. Grp.

New York Supreme Court — Appellate Division
May 28, 2024
227 A.D.3d 592 (N.Y. App. Div. 2024)

Opinion

05-28-2024

Jenny KWAN et al., Plaintiffs–Appellants–Respondents, v. HFZ CAPITAL GROUP, LLC, et al., Defendants. Bryant Park Funding 100, LLC, Nonparty Respondent–Appellant.

Paykin, Krieg & Adams LLP, Purchase (Joseph N. Paykin of counsel), for appellants-respondents. Loeb & Loeb LLP, New York (Sara J. Crisafulli of counsel), for respondent-appellant.


Paykin, Krieg & Adams LLP, Purchase (Joseph N. Paykin of counsel), for appellants-respondents.

Loeb & Loeb LLP, New York (Sara J. Crisafulli of counsel), for respondent-appellant.

Singh, J.P., Kennedy, Rodriguez, Pitt–Burke, Michael, JJ.

Amended order, Supreme Court, New York County (Lyle E. Frank, J.) entered September 7, 2023, which, to the extent appealed from as limited by the briefs, granted that part of nonparty Bryant Park Funding 100, LLC’s motion to cancel plaintiffs’ notices of pendency, unanimously affirmed, with costs.

The motion court providently cancelled the notices of pendency under CPLR 6514(b) based on plaintiffs’ waiver of the right to place a lis pendens against the units or building under section 49 of the purchase agreements. We have previously determined that the "fundamental rules of contract construction and enforcement require that we limit the buyer to the remedies for which it provided in the sale contract" (101123 LLC v. Solis Realty LLC, 23 A.D.3d 107, 108, 801 N.Y.S.2d 31 [1st Dept. 2005]). In particular, where, as here, the purchase agreements provide that the purchaser-plaintiffs shall not file a lis pendens, the provision will "be enforced according to its terms" (B & C Realty, Co. v. 15.9 Emmut Props. LLC, 106 A.D.3d 653, 657, 966 N.Y.S.2d 402 [1st Dept. 2013]).

We have considered plaintiffs’ remaining contentions and find them unavailing.


Summaries of

Kwan v. HFZ Cap. Grp.

New York Supreme Court — Appellate Division
May 28, 2024
227 A.D.3d 592 (N.Y. App. Div. 2024)
Case details for

Kwan v. HFZ Cap. Grp.

Case Details

Full title:Jenny KWAN et al., Plaintiffs–Appellants–Respondents, v. HFZ CAPITAL…

Court:New York Supreme Court — Appellate Division

Date published: May 28, 2024

Citations

227 A.D.3d 592 (N.Y. App. Div. 2024)
227 A.D.3d 592

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