Tanzman v. La Pietra

—Peters, J.P.

Appeal from an order of the Supreme Court (Lamont, J.), entered December 4, 2000 in Schoharie County, which, inter alia, denied *704plaintiffs’ motion for summary judgment.

In November 1991, plaintiffs, defendant and Fred Bush, defendant’s business associate, entered into a contract whereby plaintiffs became investors in vacation property located on Martha’s Vineyard in Massachusetts. The contract stated that La Pietra Associates, Inc., a closely held corporation, had constructed a 2,300 square foot single family house on a lot that it owned in Martha’s Vineyard which had an appraised…