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LARAMIE SPRINGTREE CORP. v. EQUITY RESIDENTIAL PROPERTIES TRUST

303 A.D.2d 464 (2003)

758 N.Y.S.2d 74

LARAMIE SPRINGTREE CORP., Appellant, v. EQUITY RESIDENTIAL PROPERTIES TRUST et al., Respondents, et al., Defendant.

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

Decided March 10, 2003.

Ordered that the order is affirmed, with costs.

On November 24, 1992, the plaintiff entered into an agreement with the defendant Wellsford Residential Property Trust (hereinafter Wellsford), pursuant to which Wellsford purchased a certain premises known as Springtree Apartments. The agreement further provided that, if Wellsford wished to subsequently sell the premises to a bona fide third party for value, it had to give written notice of the sale to the plaintiff...

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