Greenapple v. Capital One, N.A.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Plaintiff and defendant Park Madison Associates, LLC (Park) executed a purchase agreement whereby plaintiff agreed to purchase a condominium unit located at 23 East 22nd Street, New York, New York. Park was both the sponsor and the agent for the owners of the condominium. Plaintiff paid a deposit of $104,000, which was held in escrow by Goldberg. Pursuant to the escrow agreement, Goldberg, as the escrow agent, was required to hold the deposit money in an escrow account “until otherwise directed ... in a writing signed by both [s]ponsor and purchaser.” The purchase agreement also exempted…
2Cases cited9 opinions
- Goshen v. Mutual Life InsuranceNew York Court of Appeals · 2002
- Cron v. Hargro Fabrics, Inc.New York Court of Appeals · 1998
- Sokoloff v. Harriman Estates Development Corp.New York Court of Appeals · 2001
- Colnaghi, U.S.A., Ltd. v. Jewelers Protection Services, Ltd.New York Court of Appeals · 1993
- Farago v. BurkeNew York Court of Appeals · 1933
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- Mill Financial, LLC v. GillettAppellate Division of the Supreme Court of the State of New York · 2014
- Ray Legal Consulting Group v. DijosephDistrict Court, S.D. New York · 2014
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