Respondent shall recover of appellant $60 costs and disbursements of this appeal. Personal jurisdiction is grounded on CPLR 302 (subd. [a], par. 1) in that defendant through plaintiff, its agent, transacted business within this State. The retainer dated June 15, 1971 provides that plaintiff "will proceed to begin negotiations with the Welfare Island Development Corporation on behalf of our joint venture with The INA Corporation toward the execution of a development agreement...
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