Empire Properties, Inc. v. Equireal, Inc.

WIEAND, Judge:

This action was brought by a disappointed purchaser of real property who alleged that the vendor had breached a written agreement of sale, which had been orally modified to extend the date of performance, by repudiating the agreement and selling the land to another buyer. The purchaser, Empire Properties, Inc., filed suit against the vendor, Equireal, Inc., in which Empire alleged that Equireal’s breach of the contract entitled it to recover damages for loss of its deposits, preclosing expenses and lost profits. Following a jury trial, a verdict was returned in favor of Empire…