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EASTERN CONSOLIDATED PROPERTIES, INC. v. ADELAIDE REALTY CORP.

261 A.D.2d 225 (1999)

691 N.Y.S.2d 45

EASTERN CONSOLIDATED PROPERTIES, INC., Respondent, v. ADELAIDE REALTY CORP. et al., Appellants.

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

Decided May 18, 1999.

Defendant, in seeking to sell 25 West 45th Street, New York County, entered into an oral agreement with plaintiff real estate broker which provided for the payment of a commission upon procuring a purchaser ready, willing and able to purchase upon the terms and conditions set by defendants. After procuring such a purchaser, plaintiff prepared, and both sides executed, a letter agreement providing that the commission "shall be due...

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