J & J Builders & Developers, Inc. v. John D'Alesio & Sons, Inc.

On or about March 15, 1986, plaintiffs Joseph Glebocki and John Hillman and the defendant Arthur D’Alesio entered into what they characterize as a "binder agreement” concerning the sale of certain property in Orange County. The property is *675described in the binder as "a parcel of approximately 84 acres of bare land fronting on Oil City Road and Liberty Comers Road in the Township of Warwick, Orange Co[unty], New York. (See map with parcel outlined in red.) A Major portion of Tax Map No.: 1-1-56”. The “portion” to be purchased is not otherwise described.

From May to June 1986, the parties…