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BODANSKY v. FIFTH ON PARK CONDO, LLC.

Nos. 10-720-cv, 10-987-cv, 10-997-cv, 10-1014-cv, 10-1023-cv, 10-1047-cv, 10-1051-cv, 10-2270-cv, 10-1147-cv.

635 F.3d 75 (2011)

Lola BODANSKY, Michael Schneider, Nicholas Danellis, David Barstow, Brian R. Smith, John McAteer, G. William Hunter, Robyn Hunter, Steve Bergen, Lynne Schalman, Poh L. Ang, Carolina Rodriguez, Ling P. Ang, JKP, LLC, Richard D. Meadow, Plaintiffs-Appellants, v. FIFTH ON the PARK CONDO, LLC, Eytan Benyamin, Robert Ezrapour, Defendants-Appellees. Daniel Romero, Joann Ragusa, William Lee, Szuyu Pan, Kyung Yeol Shin, Lora Kaye, John Gaenzler, Sara Moscoso-Gaenzler, Anthony Allicino, Julie Lievre, David Lievre, Zack Ferguson-Steger, Plaintiffs-Appellants, v. Borden East River Realty LLC, Defendant-Appellee.

United States Court of Appeals, Second Circuit.

Decided: March 15, 2011.

Attorney(s) appearing for the Case

Lawrence C. Weiner , Wilentz, Goldman & Spitzer P.A., Woodbridge, NJ, for Plaintiffs-Appellants Lola Bodansky, Michael Schneider, Nicholas Danellis, David Barstow, Brian R. Smith, John McAteer, G. William Hunter, Robyn Hunter, Steve Bergen, Lynne Schalman, Poh L. Ang, Carolina Rodriguez, Ling P. Ang, Daniel Romero, and Joann Ragusa.

Paul J. Hanly , Hanly Conroy Bierstein Sheridan Fisher & Hayes LLP, New York, NY, for Plaintiff-Appellant JKP, LLC.

Evan Matthew Janush , The Lanier Law Firm, PLLC, New York, NY, for Plaintiff-Appellant Richard D. Meadow.

Daniel A. Ross , Sandra J. Rampersaud , and Derek I.A. Silverman , Stroock & Stroock & Lavan LLP, New York, NY, for Defendants-Appellees Fifth on the Park Condo, LLC, Eytan Benyamin, and Robert Ezrapour.

Bruce H. Lederman , Brian T. Sampson , and Eric R. Garcia , D'Agostino, Levine, Landesman & Lederman, LLP, New York, NY, for Defendant-Appellee Borden East River Realty LLC.

POOLER, KATZMANN, and WESLEY, Circuit Judges.

POOLER, Circuit Judge:

This case requires us to determine the extent to which a federal consumer protection law, the Interstate Land Sales Full Disclosure Act ("ILSA"), 15 U.S.C. §§ 1701-20, protects individual buyers or lessees who purchase or lease lots in large, uncompleted housing developments. Defendants-Appellees, developers or agents who sold condominium units to Plaintiffs-Appellants, claim that those sales are exempt from the disclosure requirements...

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