LANE v. F.M. RING ASSOCS., INC.


160 A.D.2d 540 (1990)

Philip Lane et al., as Trustees of Jacob J. Siegel, Deceased, Respondents, v. F. M. Ring Associates, Inc., Appellant

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

April 19, 1990


Defendant managed property, owned by plaintiffs as tenants in common, under an agreement made in August 1976. The agreement was signed by defendant and is therefore enforceable against it (General Obligations Law § 5-701 [a]). Although not signed by all of them, plaintiffs may enforce the agreement against defendant because it was clearly made for their benefit (Port Chester Elec. Constr. Corp. v Atlas,

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