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P.K. DEV., INC. v. ELVEM DEV. CORP.

226 A.D.2d 200 (1996)

640 N.Y.S.2d 558

P.K. Development, Inc., Appellant, v. Elvem Development Corp., Respondent

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

April 16, 1996

This dispute concerns a contract for sale of a residential cooperative unit between plaintiff, a corporation that buys, owns and resells such units, and defendant corporation that, at the time in question, owned an unspecified number of occupied and unoccupied residential units in a building known as Hampton Court.

It is undisputed that at the time of the contract, in August 1993, the parties were under the impression that...

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