EASTERN CONSOLIDATED PROPERTIES, INC. v. WATERBRIDGE CAPITAL LLC

3643, 652994/15.

149 A.D.3d 444 (2017)

2017 NY Slip Op 02731

52 N.Y.S.3d 306

EASTERN CONSOLIDATED PROPERTIES, INC., Respondent, v. WATERBRIDGE CAPITAL LLC et al., Appellants.

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

Decided April 6, 2017.


Plaintiff alleges that, after Waterbridge agreed to pay plaintiff a 1% commission in connection with the purchase of a certain property, Waterbridge's chief executive, Joel Schreiber, asked plaintiff to accept a ½% commission because another broker also was claiming a commission. Plaintiff agreed and, thereafter, defendant WB Berry Street LLC (WB Berry), allegedly an affiliate of Waterbridge, acquired the property and both defendants refused to pay any commission.

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