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DIESENHOUSE v. TOWN OF WALLKILL

184 A.D.2d 966 (1992)

Sheldon Diesenhouse et al., Appellants, v. Town of Wallkill, Respondent

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

June 18, 1992

Levine, J.

Plaintiffs are the owners of a subdivision lot located in the Town of Wallkill, Orange County. In August 1988, the Planning Board of defendant granted approval of said subdivision, apparently conditional upon the developer's posting of a performance bond or other acceptable security to guarantee the completion of improvements. On September 20, 1988, the developer furnished certain letters of credit which were valid for a period of one year...

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