480 Associates, Inc. v. S.A. II, LLC
Opinion of the Court
Order, Supreme Court, New York County (Louis B. York, J.), entered on or about April 18, 2005, which, inter alia, granted plaintiffs motion for summary judgment, directing specific performance of the subject contract for the sale of real property, unanimously affirmed, with costs.
Although plaintiff real estate contract vendee was unprepared to close on the first scheduled closing date, time was not made of the essence in connection with that closing date and plaintiff subsequently indicated, and has shown, that it was ready, willing and able to close within the period specified in the contract and otherwise in accordance with the contract terms and that defendant was able to convey the property. Accordingly, it has demonstrated its entitlement to specific performance (see Piga v
Case-law data current through December 31, 2025. Source: CourtListener bulk data.