In 1981 defendant Indian Realty Company (Indian) was a partnership, consisting of the two individual defendants Samuel Brause and Milton Brause, as well as Norman F. Levy. Indian owned a building located at 211 West 61st Street, Manhattan, which plaintiff Welford Realty, Inc. (Welford), and plaintiff Abraham Hirschfeld (Hirschfeld) were interested in acquiring. Both plaintiffs and defendants were experts in the buying and selling of large parcels of real estate for investment...
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