JORJILL HOLDING LTD. v. GRIECO ASSOCIATES, INC.


6 A.D.3d 500 (2004)

775 N.Y.S.2d 75

JORJILL HOLDING LTD., Respondent, v. GRIECO ASSOCIATES, INC., Appellant.

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

April 12, 2004.


Ordered that the order is reversed, on the law, with costs, the motion is granted, and the complaint is dismissed.

On June 14, 1999, the parties executed an "Option Contract to Buy Real Estate" (hereinafter the option), wherein the plaintiff agreed to purchase from the defendant certain undeveloped property in the City of White Plains. Under the terms of the option, the plaintiff was authorized to "act as Contract Vendee for the property and make all appropriate applications...

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