182 FRANKLIN ST. HOLDING CORP. v. FRANKLIN PIERREPONT ASSOCS.


217 A.D.2d 508 (1995)

630 N.Y.S.2d 64

182 Franklin Street Holding Corp., Appellant, v. Franklin Pierrepont Associates et al., Respondents, et al., Defendant

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

July 27, 1995


On November 25, 1985, a predecessor in interest to defendant limited partnership Franklin Pierrepont Associates ("FPA") executed a written contract of sale to purchase real property from a predecessor in interest to plaintiff. The contract called for the delivery of a non-recourse note and purchase money mortgage. At the September 22, 1986 closing, during which all parties were represented by counsel, the defendant FPA delivered...

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