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805 THIRD AVE v. M. W. REALTY

58 N.Y.2d 447 (1983)

805 Third Ave. Co., Appellant, v. M. W. Realty Associates, Respondent, et al., Defendant.

Court of Appeals of the State of New York.

Decided March 31, 1983.

Attorney(s) appearing for the Case

Richard E. Hershenson and Samuel Kirschenbaum for appellant.

Jay A. Kranis, Thomas J. Malmud and Barbara L. Levine for respondent.

Chief Judge COOKE and Judges JASEN, JONES, WACHTLER, FUCHSBERG and MEYER concur.

SIMONS, J.

In September, 1979 plaintiff, 805 Third Avenue Co., and defendant, M. W. Realty Associates,* two limited partnerships, entered into a contract for the sale by defendant of a portion of its air rights to plaintiff. In July, 1980 the parties modified the contract and in May, 1981 plaintiff instituted this action charging defendant with economic duress in compelling execution...

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