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PAGANO CO. v. 48 S. FRANKLIN TURNPIKE, LLC

A-9 September Term 2008

965 A.2d 1172 (2009)

198 N.J. 107

PAGANO COMPANY, Plaintiff-Appellant, v. 48 SOUTH FRANKLIN TURNPIKE, LLC, Defendant-Respondent.

Supreme Court of New Jersey.

Decided March 9, 2009.

Attorney(s) appearing for the Case

Andrew J. Karas, Fair Lawn, argued the cause for appellant (Feitlin, Youngman, Karas & Youngman, attorneys).

Cory Mitchell Gray, Florham Park, argued the cause for respondent (Greenberg Traurig, attorneys).

Justice LONG delivered the opinion of the Court.

At issue in this appeal is whether a purchaser of commercial property is liable for the real estate broker commissions due under the leases it acquired under a general assignment from the seller. In VRG Corp. v. GKN Realty Corp., 135 N.J. 539, 556, 641 A.2d 519 (1994), we held that in order to incur liability by virtue of

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