Prime Income Asset Management, Inc. v. American Real Estate Holdings L.P.
Cases that cite this one
13 later published cases cite this decision.
- 70th Street Apartments Corp. v. Phoenix Construction, Inc. (Appellate Division of the Supreme Court of New York 2016)
- LFR Collections LLC v. Blan Law Offices (Appellate Division of the Supreme Court of New York 2014)
- LFR Collections LLC v. Blan Law Offices (Appellate Division of the Supreme Court of New York 2014)
- Anthony Partners LLC v. Mici (Appellate Division of the Supreme Court of New York 2026)
- Gutierrez v. Turner Towers Tenants Corp. (Appellate Division of the Supreme Court of New York 2022)
- Gutierrez v. Turner Towers Tenants Corp. (Appellate Division of the Supreme Court of New York 2022)
- Jason v. v. Katarina W. (Appellate Division of the Supreme Court of New York 2019)
- Matter of Naomi S. v. Steven E. (Appellate Division of the Supreme Court of New York 2017)
- Cara Associates, L.L.C. v. Milstein (Appellate Division of the Supreme Court of New York 2017)
- Williams v. Tatham (Appellate Division of the Supreme Court of New York 2012)
- Tsavaris v. Tsavaris (Appellate Division of the Supreme Court of New York 2012)
- Ramos v. Napoli (Appellate Division of the Supreme Court of New York 2012)
- Capital v. DoBrish (Appellate Division of the Supreme Court of New York 2011)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion of the Court
Supreme Court properly determined that plaintiffs failed to
In any event, the letter does not rise to the level of “affirmative conduct” evincing a waiver of defendants’ right to seek liquidated damages under section 12 (b) of the contract because it specifically invokes an entirely different contractual provision— section 5 (b) — and never mentions section 12 (b) (Fundamental Portfolio Advisors, Inc. v Tocqueville Asset Mgt., L.P., 7 NY3d 96, 104 [2006]). The letter cannot be construed as a “voluntary and intentional abandonment” of the contractual right to seek liquidated damages (Matter of Lamberti v Angiolillo, 73 AD3d 463, 463-464 [2010], lv denied 15 NY3d 711 [2010], quoting Nassau Trust Co. v Montrose Concrete Prods. Corp., 56 NY2d 175, 184 [1982]).
Equally unavailing are plaintiffs’ arguments that the letter constituted a written amendment to the contract thereby waiving defendants’ entitlement to liquidated damages. Section 18 of the contract requires amendments to be in writing and to be consented to in writing. No such consent is alleged to have existed. Therefore, the letter cannot constitute a contractual amendment. Moreover, it is undisputed that the letter was sent via e-mail, and section 17 requires that any such notices or amendments be “either delivered personally or sent by a nationally recognized overnight courier service” to specified addresses.
Supreme Court also properly denied plaintiffs’ motion to renew for three reasons. First, it was not based upon “new facts” and therefore was actually a motion to reargue, the denial of which is not appealable (CPLR 2221 [e] [2]; see McCoy v Metropolitan Transp. Auth., 75 AD3d 428, 430 [2010]). Second, plaintiffs’ purported “justification” for not presenting the motion court with the allegedly new facts was not “reasonable” pursuant to CPLR 2221 (e) (3). Plaintiffs are charged with the duty to “exercise[ ] due diligence in making their first factual presentation” on a motion, and their own failure to apprise the
We have considered appellants’ other contentions and find them unpersuasive. Concur — Gonzalez, P.J., Tom, Acosta, Richter and Román, JJ.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.