HIGHBRIDGE DEVELOPMENT BR, LLC v. DIAMOND DEVELOPMENT, LLC

506932.

67 A.D.3d 1112 (2009)

888 N.Y.S.2d 654

2009 NY Slip Op 07917

HIGHBRIDGE DEVELOPMENT BR, LLC, Respondent, v. DIAMOND DEVELOPMENT, LLC, et al., Appellants.

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

Decided November 5, 2009.


Cardona, P.J.

In 2005, plaintiff entered into a real estate contract to sell approximately 12 acres of land located in the Town of Niskayuna, Schenectady County to defendant Diamond Development, LLC for $7.5 million. The contract provided that the closing was to take place within 60 days after certain conditions had been met, including, as relevant here, the granting of governmental approvals related to the development of both the parcel at issue and another parcel...

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