Defendant Dunhill Interiors, Ltd., is engaged in the business of home improvements. On June 24, 1986, plaintiff Ayres and defendant entered into a contract to renovate an apartment at 5 East 9th Street in Manhattan, at a cost of $501,430. The apartment was 1 of 4 that plaintiff owned in this seven-unit cooperative apartment building. It is undisputed that at the time of the contract defendant was not licensed with the City of New York to perform or obtain home improvement...
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