Legal Opinion

Alavian v. Zane

Appellate Division of the Supreme Court of the State of New York

Decided December 11, 2012Published

1Opinion of the Court

Plaintiffs assert that, for a period of over four years, defendants deliberately interfered with the closing of executed contracts of sale of two cooperative apartments. It is undisputed, however, that the contracts satisfactorily closed in August 2011. Delay, even “substantial delay,” in the closing of a real estate transaction does not constitute breach of the contract of sale (Ulysses I & Co., Inc. v Feldstein, 75 AD3d 990, 992 [3d Dept *4762010], lv dismissed in part, denied in part, 15 NY3d 944 [2010]). Accordingly, since there was no “actual breach” of the contracts of sale, plaintiffs…

2Cases cited2 opinions

  1. NBT Bancorp Inc. v. Fleet/Norstar Financial Group, Inc.New York Court of Appeals · 1996
  2. Ulysses I & Co. v. FeldsteinAppellate Division of the Supreme Court of the State of New York · 2010

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