Spain, J.
In August 2001, plaintiff entered into a contract with defendant Joseph Sausto, individually and on behalf of defendant Pleasant Acres Hotel, Inc. (hereinafter collectively referred to as Sausto), to purchase three parcels of real property in the Town of Athens, Greene County known as Pleasant Acres. The contract purchase price was $1,765,000, with a $100,000 down payment kept in escrow with Sausto's broker (hereinafter broker), to be forfeited if plaintiff...
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