Legal Opinion

Gracie Gardens Owners Corp. v. Gracie Gardens Co.

Appellate Division of the Supreme Court of the State of New York

Decided May 10, 1990PublishedCited by 2 opinions

1Opinion of the Court

Order of the Supreme Court, New York County (Andrew R. Tyler, J.), entered December 14, 1988, is reversed, on the law, to the extent appealed from, and Gracie Gardens Co.’s (GGC) motion for summary judgment dismissing the co-op’s claim for breach of contract and unjust enrichment (the first and fourth causes of action of the complaint) is denied, without costs or disbursements.

In 1979, defendant Gracie Gardens Co. sold Gracie Gardens to SSD Properties Corp. (SSD). GGC took back a mortgage in the principal amount of $7,250,000, executed by SSD.

In 1981, Gracie Gardens was converted to…

2Cases cited4 opinions

  1. Nassau Trust Co. v. Montrose Concrete Products Corp.New York Court of Appeals · 1982
  2. Rose v. Spa Realty AssociatesNew York Court of Appeals · 1977
  3. Huggins v. Castle Estates Inc.New York Court of Appeals · 1975
  4. Rende & Esposito Consultants, Inc. v. St. Augustine's Roman Catholic ChurchAppellate Division of the Supreme Court of the State of New York · 1987

3Cited by2 opinions

  1. Gracie Gardens Owners Corp. v. Gracie Gardens Co.Appellate Division of the Supreme Court of the State of New York · 1993
  2. West-Park Presbyt. Church of N.Y. City v. Center at W. Park, Inc.Appellate Division of the Supreme Court of the State of New York · 2024

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