On May 6, 1985, the parties to this action entered into an option agreement whereby plaintiff, a partnership engaged in real estate development in Saratoga County, paid $5,000 for the right to purchase between 10 and 45 acres of land owned by defendant, an attorney similarly engaged in the real estate business. The terms of the agreement were later extended two times and one of these agreements provided for a two-acre parcel of the land...
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