Plaintiff, a real estate agent, entered into a contract with the defendant sponsor, which provided generally that the plaintiff would act as the selling agent in connection with the cooperative conversion of 20 Wendell Terrace, Hempstead, New York. The contract, which was drafted by the plaintiff, provided that plaintiff would receive three payments of $2,500. The first was due upon execution of the agreement, the second was to be paid upon presentation of the "Red Herring...
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