Defendant Maplewood Tower Limited Partnership (the partnership) retained plaintiff, a New York law firm and licensed New York real estate broker, to secure financing in the amount of $19,900,000 in connection with the purchase of a New Jersey condominium; plaintiff was to receive a 1% commission. Plaintiff did obtain a commitment from Home Savings Bank of Brooklyn, but the partnership failed to obtain the required permits and the greater part of the loan was never advanced...
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