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CRP/EXTELL PARCEL I, L.P. v. CUOMO

No. 75

27 N.Y.3d 1034 (2016)

52 N.E.3d 1174

33 N.Y.S.3d 148

2016 NY Slip Op 04251

CRP/EXTELL PARCEL I, L.P., Respondent, v. ANDREW M. CUOMO, in His Capacity as the Attorney General of the State of New York, et al., Respondents, and 3TO4, LLC, et al., Appellants.

Court of Appeals of New York.

Decided June 2, 2016.

Attorney(s) appearing for the Case

Cohen & Coleman, LLP, New York City ( John A. Coleman, Jr. , Richard N. Cohen and Joshua N. Cohen of counsel), for appellants.

Boies, Schiller & Flexner LLP, Armonk ( Jason C. Cyrulnik and Edward J. Normand of counsel), for respondent.

Chief Judge DIFIORE and Judges PIGOTT, RIVERA, ABDUSSALAAM, STEIN, FAHEY and GARCIA concur.

OPINION OF THE COURT

MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs, and the certified question answered in the affirmative.

Petitioner CRP/Extell Parcel I, L.P., the sponsor of newly-constructed luxury condominium units in Manhattan, filed an offering plan in 2006 with the Attorney General's office. Under the plan, the purchaser of a unit was required to make a down payment...

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