CENT. FED. SAV. v. NAT'L WESTMINSTER BANK, U.S.A.


176 A.D.2d 131 (1991)

Central Federal Savings, F.S.B., Appellant, v. National Westminster Bank, U.S.A., Respondent

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

September 12, 1991


Plaintiff commenced this action to recover $35,000,000 in damages based on defendant NatWest's breach of an alleged contract to purchase one of the plaintiff's branch offices located at 1388 Third Avenue in Manhattan. The contract allegedly arose out of an exchange of letters between the parties, wherein defendant offered to purchase the subject branch office for $950,000, subject to "agreement on all terms and conditions relating...

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