M. J. POSNER CONSTR. CO., INC. v. VALLEY VIEW DEV. CORP.


118 A.D.2d 1001 (1986)

M. J. Posner Construction Company, Inc., Appellant, v. Valley View Development Corporation et al., Respondents

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

March 20, 1986


Levine, J.

Plaintiff and defendants entered into a management contract whereby plaintiff was to supervise the construction of a project on lands owned by defendant Valley View Development Corporation (Valley View). Pursuant to the contract, Valley View made a deposit of $6,650 with plaintiff, which deposit was to be held in escrow and returned to plaintiff at the end of the agreement. Thereafter, the parties entered into a termination agreement rescinding...

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