Defendant is a church housed at 14 East 48th Street in Manhattan (the property). Plaintiff is a real estate investment and development firm. Plaintiff approached defendant about buying the property, and, by letter dated September 14, 2012, from plaintiff to Wade Adkisson, defendant's pastor (the September 14 letter), plaintiff purported to "set[] forth the updated indicative terms and conditions pursuant to which [plaintiff] or its designated affiliate ... agrees to acquire...
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