Schulman v. City of New York

The determination of these cross-motions for summary judgment depends entirely upon the interpretation of subdivision 7 of section 384-13.0 of the Administrative Code of the City of New York. The action is for commissions claimed to have been earned by the plaintiff, a real estate broker, for procuring some clients who bid in at auction a leasehold interest in real estate owned by the city. The clients signed the memorandum of sale and paid the city the .initial deposit required by the terms of sale, but eventually failed to enter into the lease or to assume its obligations. Upon the refusal…