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FERA v. VILLAGE PLAZA, INC.

Docket Nos. 14569-14570.

52 Mich. App. 532 (1974)

218 N.W.2d 155

FERA v. VILLAGE PLAZA, INC.

Michigan Court of Appeals.

Decided April 26, 1974.

Attorney(s) appearing for the Case

Keywell & Rosenfeld (by Sidney L. Frank), for plaintiffs.

Milton Y. Zussman and Robert D. Kaplow, for defendants Village Plaza, Inc., and Fairborn Property Co., Inc.

Hammond, Ziegelman, Tennent, Merrill & Sotiroff, for defendants Schostak Brothers & Company, Inc., and Bank of the Commonwealth.

Before: McGREGOR, P.J., and J.H. GILLIS and O'HARA, JJ.

J.H. GILLIS, J.

Defendants Village Plaza, Inc., Fairborn Property Co., Inc., Schostak Brothers & Company, Inc., and Bank of the Commonwealth appeal a jury verdict awarding plaintiffs Frank and Anthony Fera $200,000 for breach of a lease.

On January 14, 1965 plaintiffs Frank and Anthony Fera signed an "intent to lease" and deposited $1,000 as security on a location in Fairborn's proposed Village Plaza shopping mall. On August 20, 1965, plaintiffs and agents...

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