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REYNOLDS v. GAGEN

18 A.D.3d 356 (2005)

797 N.Y.S.2d 42

JAN REYNOLDS, Appellant, v. VERA GAGEN et al., Respondents.

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

May 24, 2005.

Plaintiff and defendant Vera Gagen agreed to buy jointly a residential building located at 49 West 94th Street, but because of financial problems, plaintiff was unable to complete the purchase and Mrs. Gagen took title in her name only on June 11, 1996. At the same time, plaintiff and Mrs. Gagen executed an agreement giving plaintiff an option to purchase at any time thereafter a one-half interest in the building for a sum equal...

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