Formey v. Jones

Judgment, Supreme Court, New York County (Ira Gammerman, J.), entered November 1, 2001, which, after a nonjury trial, ruled in plaintiffs favor and ordered specific performance of a contract for the sale of real property, unanimously reversed, on the law, without costs or disbursements, the judgment vacated, specific performance denied, and the matter remanded for further proceedings.

*267On March 20, 1998, plaintiff, as buyer, and defendant Jones,* as seller, entered into the contract at issue for the sale of property located at 527 Manhattan Avenue in Manhattan. Pursuant to the contract, the…