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KAPLAN v. MADISON PARK GROUP OWNERS, LLC

Nos. 7260, 650136/10.

94 A.D.3d 616 (2012)

942 N.Y.S.2d 522

2012 NY Slip Op 3086

DAVID P. KAPLAN et al., Respondents-Appellants, v. MADISON PARK GROUP OWNERS, LLC, et al., Defendants, and DAVID LIPMAN, Appellant-Respondent.

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

Decided April 24, 2012.

Defendant David Lipman is the contract vendee of two condominium units that were being sold by defendant Madison Park Group Owner, LLC (MPGO). By written agreement dated October 30, 2008, Lipman assigned his rights under the twin November 2007 purchase agreements to plaintiffs. Pursuant to the assignment, plaintiffs agreed to be bound by and assume Lipman's obligations under the purchase agreements including the obligation to close on the purchase of the premises and pay...

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