Highbridge Development BR, LLC v. Diamond Development, LLC
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Cardona, EJ.
Appeal from an order of the Supreme Court (Kramer, J.), entered January 21, 2009 in Schenectady County, which, among other things, granted plaintiffs motion for summary judgment.
In 2005, plaintiff entered into a real estate contract to sell approximately 12 acres of land located in the Town of Niskayuna, Schenectady County to defendant Diamond Development, LLC for $7.5 million. The contract provided that the closing was to take place within 60 days after certain conditions had been met, including, as relevant here, the granting of governmental approvals related to the development…
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