Noyack Med. Partners, LLC v. OSK IX, LLC

<div>Noyack Med. Partners, LLC v OSK IX, LLC - 2026 NY Slip Op 02211

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<nav> <ol> <li>Home</li> <li>All Court Decisions</li> <li>Decisions</li> </ol> </nav> <div> <div> <h1>Noyack Med. Partners, LLC v OSK IX, LLC</h1> <p>2026 NY Slip Op 02211</p> <p>April 14, 2026</p> <p>Appellate Division, First Department</p> <p>Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431.</p> <p>This decision is uncorrected and subject to revision before publication in the Official Reports.</p> </div> <div> <p>Noyack Medical Partners, LLC, Plaintiff-Appellant,</p> <p>v</p> <p>OSK IX, LLC, Defendant-Respondent.</p> </div> <p>Decided and Entered: April 14, 2026</p> <p>Index No. 654665/21|Appeal No. 6343|Case No. 2025-01697|</p> <p>Before: Moulton, J.P., Friedman, González, Shulman, Rosado, JJ. </p> <div> <p>Cuddy &amp; Feder LLP, White Plains (Brendan M. Goodhouse of counsel), for appellant.</p> <p>Borg &amp; Bryks LLP, New York (M. Alexander Bowie, II of counsel), for respondent.</p> </div> <span>[*1]</span> <p>Order, Supreme Court, New York County (Jennifer G. Schecter, J.), entered on or about January 17, 2025, which, to the extent appealed from, awarded plaintiff damages in the amount of $390,000, plus pre-judgment interest running from June 7, 2021 to the date judgment is entered, unanimously affirmed, without costs.</p> <p>Supreme Court's damages award was "based on a fair interpretation of the evidence" and was "not contrary to the weight of the evidence" (<i>Lariviere v New York City Tr. Auth.</i>, 131 AD3d 1130, 1132-1133 [2d Dept 2015], <i>lv dismissed</i> 27 NY3d 1029 [2016]; <i>see also Tanya Knitwear [PVT], Ltd. v Young Stuff Apparel Group, Inc.</i>, 12 AD3d 258, 258 [1st Dept 2004]). The court properly calculated damages based on the value of the taxi medallions as of June 7, 2021, the date of the breach (Uniform Commercial Code § 2-713; <i>see Fertico Belgium v Phosphate Chems. Export Assn</i>, 70 NY2d 76, 81-82 [1987]; <i>Cole v Macklowe</i>, 64 AD3d 480, 480 [1st Dept 2009]). In doing so, the court properly relied on a recent sale of the medallions to arrive at its valuation (<i>see</i> <i>Matter of</i> <i>Allied Corp. v Town of Camillus</i>, 80 NY2d 351, 356 [1992]).</p> <p>Additionally, because plaintiff was not a covering buyer, it was not entitled to additional damages based on the expense of preparing the medallions for sale (Uniform Commercial Code § 1-305; <i>cf</i>. <i>Fertico</i>, 70 NY2d at 82, 84).</p> <p>We have considered plaintiff's remaining arguments and find them unavailing.</p> <p>THIS CONSTITUTES THE DECISION AND ORDER OF THE SUPREME COURT, APPELLATE DIVISION, FIRST DEPARTMENT.</p> <p>ENTERED: April 14, 2026</p> </div>

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