Plaintiffs invested a considerable amount of money and time in preparing preliminary plans for the development of three parcels of property located near Stewart Airport in the Town of Newburgh, Orange County, on which they held purchase options. By May 31, 1988, the expiration date on the final extension of the option on the key parcel (the Colandrea parcel), plaintiffs lacked funding to complete the closing.
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FALLON v. BERNEY
189 A.D.2d 1028 (1993)
Gary T. Fallon et al., Appellants, v. Nathan G. Berney et al., Respondents
Appellate Division of the Supreme Court of the State of New York, Third Department.https://leagle.com/images/logo.png
January 21, 1993
January 21, 1993
Appellate Division of the Supreme Court of the State of New York, Third Department.
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