STREIT v. BOMBART

20465/18E. Appeal No. 12055. Case No. 2019-5030.

187 A.D.3d 529 (2020)

134 N.Y.S.3d 10

2020 NY Slip Op 05706

Clifford Streit et al., Appellants, v. Jonathan Bombart et al., Respondents.

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

Decided October 13, 2020.


Plaintiff seeks a declaration that in April 2015 he entered into an enforceable oral agreement with nonparty Louis Bombart (Louis) to acquire Louis's 75% interest in Tiny Fiesta LLC, which allegedly owned and managed an apartment building in the Bronx. In exchange, plaintiff allegedly agreed, among other things, to refinance or buy out the mortgage on the property, which was held by defendant Madison Realty Capital Advisors, LLC (Madison). The complaint also alleges that...

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