CITY OF NEW YORK v. STACK


178 A.D.2d 355 (1991)

City of New York, Respondent, v. John B. Stack, Appellant

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

December 24, 1991


The parties entered into an option agreement for the conveyance of real estate after extensive negotiation during which defendant was represented by counsel and had the additional assistance of an architect and a representative of his State Assemblyman. Plaintiff's timely exercise of the option by written notice to defendant failed to recite expressly plaintiff's willingness to purchase the property pursuant to the option agreement, as required by the option agreement, but...

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