Phoenix Asset Management, LLC v. X & Y Group Development, LLC

In an action to recover damages for breach of contract, the defendants appeal, as limited by their notice of appeal and brief, from (1) so much of an order of the Supreme Court, Nassau County (Bucaria, J.), entered January 8, 2014, as denied that branch of their motion which was for summary judgment dismissing the cause of action to recover damages in the sum of $250,000 for an alleged breach of paragraph 2 (b) of the parties’ contract, and granted that branch of the plaintiff’s cross motion which was for summary judgment on the cause of action to recover damages in the sum of $500,000 for an…