Polstein v. Pease & Elliman, Inc.
Opinion of the Court
Defendant moves for summary judgment dismissing the complaint. Plaintiff, a real estate broker and builder, sues herein for damages allegedly resulting from defendant’s actions, part of an alleged conspiracy and plan, whereby it discouraged prospective purchasers brought to it by plaintiff, who were ready, willing and able to purchase certain
The affidavits and depositions submitted on this motion contain sharply conflicting statements concerning the degree to which plaintiff had advanced in acquiring financing, the probability of his acquiring such financing, and the feasibility of a plan for development of the property allegedly conceived and promoted by plaintiff. There is no doubt that plaintiff had taken certain steps to form a syndicate to provide some financing, and that he had contacted certain mortgage brokers in connection with Ms acquisition of the necessary temporary building loan and permanent mortgage arrangements.
Defendant contends that on the proceedings thus far had herein, plaintiff has failed to prove the necessary degree of certainty that he would have consummated the deal but for defendant’s acts, citing Union Gar Adv. Co. v. Collier (263 N. Y. 386); Portman v. Burack (265 App. Div. 959); Debnam v. Simonson (124 Md. 354); Williams & Co. v. Collins Tuttle & Co. (6 A D 2d 302) and others. However, it must here be noted that we are not here faced with a determination of whether plaintiff, after trial, has proved his case (distinguishing Union Car Adv. Co. v. Collier, supra). In the Portman case (supra), which was on a motion to dismiss under rule 112 of the Buies of Civil Practice, cited in defendant’s memorandum, the court held that the complaint was defective because there was an absence of allegations of fact that the transaction would have been consummated were it not for defendant’s deceit. The instant complaint is not defective in that respect, nor is it attacked, by this motion, as being so defective.
Plaintiff, in the papers submitted in opposition on this motion, contends that he had verbal assurances from all concerned of the necessary financing. Defendant contends he did not. The pretrial examinations of the parties and of nonparties are equivocal. This court will not determine, at this stage of the proceedings, which party should prevail. Admittedly, the quantum of proof required before plaintiff can succeed in Ms cause differs from
Case-law data current through December 31, 2025. Source: CourtListener bulk data.