Perlstein Builders, Inc. (Perlstein), third-party plaintiff, entered into an agreement with the New York State Urban Development Corporation (UDC), third-party defendant, to construct a residential housing project in Kingston, New York. Perlstein, as general contractor, hired plaintiff Structural Painting Corporation (Structural), as subcontractor to perform exterior painting on the project. Upon completion of the project and in consideration of the final payment, Perlstein...
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