Robert E. Tardiff, Inc. v. Twin Oaks Realty Trust

The defendants, Twin Oaks Realty Trust and its trustees, Michael P. Pandelena and Charles P. Garabedian (hereinafter Twin Oaks), appeal the decision of the Trial Court {Temple, J.), pursuant to the recommendation of a Master {R. Peter Shapiro, Esq.), denying them compensatory damages for the carrying costs attributable to the plaintiff’s tardiness in completing the construction of twenty-four condominium units owned by Twin Oaks. The master found that such costs were offset by the increase that had occurred in the fair market value of the condominiums between the completion date stipulated in…