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VALLARIO v. 25 WEST 24TH STREET FLATIRON, LLC

2015-09416, Index No. 511504/14.

149 A.D.3d 791 (2017)

2017 NY Slip Op 02690

50 N.Y.S.3d 541

GEORGE H. VALLARIO, JR., et al., Appellants, v. 25 WEST 24TH STREET FLATIRON, LLC, Respondent, et al., Defendant.

Appellate Division of the Supreme Court of New York, Second Department.

Decided April 5, 2017.

Ordered that the order is affirmed insofar as appealed and cross-appealed from, without costs or disbursements.

In July 2013, the plaintiffs and the defendant 25 West 24th Street Flatiron, LLC (hereinafter Flatiron), entered into an agreement for the sale by the plaintiffs to Flatiron of 100 shares of stock in 25 West 24th Street Realty Corp. (hereinafter the corporation). The 100 shares constituted two-thirds of the stock of the corporation.

Flatiron made...

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