Cardona, P. J.
In May 1995, plaintiffs entered into a written agreement with defendants to purchase a 1.35-acre parcel of land contiguous to property they owned in the Town of Lansing, Tompkins County. Under the terms of the contract, plaintiffs agreed to pay $150,000 provided that defendants obtained approval from the Town that the parcel was a residential building lot within two years from the date of the agreement. In the event approval was not obtained, the contract...
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