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ARBOR REALTY FUNDING, LLC v. HERRICK, FEINSTEIN LLP

1156, 651079/11, 651623/11, 601122/12.

140 A.D.3d 607 (2016)

36 N.Y.S.3d 2

2016 NY Slip Op 05065

ARBOR REALTY FUNDING, LLC, Appellant, v. HERRICK, FEINSTEIN LLP, Respondent.

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

Decided June 28, 2016.

In this action, plaintiff Arbor Realty Funding, LLC (Arbor) seeks damages for legal malpractice from defendant Herrick, Feinstein LLP (Herrick) in connection with Herrick's representation of Arbor in negotiating a high rise construction loan with a developer. The loan closed on May 8, 2007 and the developer defaulted on the loan in or about July 2008. Arbor contends, inter alia, that Herrick gave it faulty advice in 2007 in connection with zoning issues, the existence of...

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