RM REALTY HOLDINGS CORP. v. MOORE


64 A.D.3d 434 (2009)

RM REALTY HOLDINGS CORP., Appellant, v. PETER MOORE et al., Respondents.

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

Decided July 7, 2009.


Plaintiff is the owner of the penthouse unit (unit 8) in a condominium building. Outside the penthouse is a 3,200-square-foot terrace. Pursuant to the offering plan, the terrace is a limited common space to which plaintiff has exclusive access. At the same time plaintiff closed on the purchase of the penthouse from defendant 145 Americas LLC, it entered into a "Development Rights Agreement" (DRA) with it and its managing member, defendant Peter Moore. Moore, who owns unit...

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