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76 NORTH ASSOCS. v. THEIL MGMT. CORP.

132 A.D.2d 695 (1987)

76 North Associates, Appellant, v. Theil Management Corp., Respondent

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

July 27, 1987

Ordered that the judgment is affirmed, with costs.

On March 27, 1984, SGA Realty Corp. (hereinafter SGA) entered into a contract with the defendant to purchase a building at 76 North Broadway, Hicksville, New York. The original closing date was set for April 28, 1984, but was changed to June 28 at SGA's insistence. The contract provided for an all-cash deal and was not contingent upon the purchaser obtaining a mortgage. On June 5, 1984, SGA assigned the contract to...

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