GALUTH REALTY CORP. v. GREENFIELD


103 A.D.2d 819 (1984)

Galuth Realty Corp., Respondent, v. Saul Greenfield et al., Appellants

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

July 23, 1984


¶ Judgment affirmed, with costs.

¶ Defendants argue that plaintiff, the purchaser, intended to evade the transfer tax when it agreed to reduce the purchase price in the contract of sale from $330,000 to $280,000 and to furnish, in addition to the consideration stated in said contract, a separate note for $50,000, payable at the closing. The record does not support defendants' argument that specific performance of the subject contract should be denied on...

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