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CONIGLIO v. OLD BROOKVILLE ASSOCS.

162 A.D.2d 432 (1990)

Louis Coniglio et al., Appellants, v. Old Brookville Associates et al., Respondents

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

June 4, 1990

Ordered that the judgment is affirmed, with costs.

On April 28, 1986, the parties signed a written memorandum which essentially stated that when the defendants successfully acquired title to a certain large tract of land, the plaintiffs would have the option of purchasing two acres of that tract from them.

The plaintiffs further agreed to "provide [their] proportionate share of down payment and other purchase money...

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