NEWMARK & CO. REAL ESTATE, INC. v. GCJ HOLDINGS LLC

Nos. 5404, 601602/09

87 A.D.3d 454 (2011)

928 N.Y.S.2d 24

2011 NY Slip Op 6206

NEWMARK & COMPANY REAL ESTATE, INC., Doing Business as NEWMARK KNIGHT FRANK, Appellant, v. GCJ HOLDINGS LLC et al., Respondents.

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

Decided August 11, 2011.


The evidence demonstrates that Wasserman was not acting in his personal capacity when he retained plaintiff to assist him in finding a suitable property for his proposed business venture. Indeed, as plaintiff acknowledges, the Term Sheet provided for payment of the broker's commission by GCJ. Plaintiff participated in subsequent negotiations for the sublease of the subject premises by GCJ, not Wasserman personally. Thus, plaintiff was or should have been on notice that it...

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