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RAVENSWOOD GROUP v. FAIRMONT ASSOCIATES

No. 88 Civ. 7493.

736 F.Supp. 1285 (1990)

The RAVENSWOOD GROUP and Woodland Development Corp., Plaintiffs, v. FAIRMONT ASSOCIATES, Defendant.

United States District Court, S.D. New York.

May 30, 1990.

Attorney(s) appearing for the Case

Steven Kimelman, P.C., New York City, of counsel, for The Ravenswood Group and Woodland Development Corp.

Siller, Wilk, Mencher & Simkin, New York City (Allen G. Reiter, of counsel), for Fairmont Associates.

OPINION & ORDER

EDELSTEIN, District Judge:

BACKGROUND

Plaintiff The Ravenswood Group ("Ravenswood") is a New York general partnership consisting of five individuals: W. Todd Parsons, Jonathan L. Parsons, Nicholas T. Parsons, Brook Parsons and Nathaniel T. Parsons. Ravenswood owned certain real property located in Framingham, Massachusetts. On July 9, 1987, Ravenswood entered into an exchange agreement with David LaBreque contemplating a like...

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