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CENTO PROPERTIES CO. v. ROSENBERG

2009-02635.

72 A.D.3d 1002 (2010)

900 N.Y.S.2d 355

CENTO PROPERTIES CO. et al., Respondents, v. ALLEN ROSENBERG et al., Appellants.

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

Decided April 27, 2010.

Ordered that the judgment is affirmed, with costs.

In a contract dated January 4, 2008, the plaintiffs, Cento Properties Co. and Garden City Hotel (hereinafter the sellers), agreed to sell the Garden City Hotel, in Nassau County, to the defendant Allen Rosenberg for the sum of $91 million. Rosenberg subsequently assigned his rights in the agreement to the defendant Alrose JGG Land, LLC (hereinafter Alrose). On April 17, 2008, the day before the scheduled closing,...

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