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ST. PAUL'S REALTY CORP. v. CHIN

133 A.D.2d 450 (1987)

St. Paul's Realty Corp., Appellant, v. Huan Jen Chin et al., Respondents

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

September 28, 1987

Ordered that the order is affirmed, with costs.

We agree with the Supreme Court, Queens County, that the memorandum relied upon by the plaintiff does not comply with the Statute of Frauds (General Obligations Law § 5-703 [2]). The memorandum, which included the notation that "[f]urther details will be developed by two parties' lawyers in 10 days", clearly indicated an intent to later fix and formalize missing terms and thus renders the memorandum insufficient...

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