2626 Bway LLC v. Broadway Metro Associates, LP2626 Bway LLC v. Broadway Metro Associates, LP
Plaintiff purchaser alleges that defendant seller Broadway Metro Associates, LP anticipatorily breached the contract for the purchase of real property by, inter alia, its inability to convey title with certain development rights purportedly provided to the seller in a recorded zoning lot development agreement (ZLDA) made between the seller and an adjoining property owner. However, neither the contract of sale nor the ZLDA provide for the development rights claimed by plaintiff to exist. These agreements are unambiguous and must be enforced as written (see W.W.W. Assoc. v Giancontieri, 77 NY2d 157, 162 [1990]).
The ZLDA and an agreement entered into between the seller and the adjoining property owner specifically conveyed to the adjoining property owner a light and air easement beginning 15
Since the contract of sale was specifically made “SUBJECT TO” the ZLDA and included the ZLDA as a “Permitted Exception” to the conveyance of title, the seller was under no obligation to convey title in the manner claimed by plaintiff and thus, plaintiff‘s attempt to hold the seller in breach for this purported defect is unavailing.
Defendant seller‘s unilateral scheduling of a clear and unequivocal “time of the essence” closing date on three-weeks’ written notice was reasonable under the circumstances (cf. ADC Orange, Inc. v Coyote Acres, Inc., 7 NY3d 484, 490 [2006]).
We have considered plaintiff‘s remaining arguments and find them unavailing. Concur — Mazzarelli, J.P., Sweeny, Moskowitz, Renwick and Román, JJ. [Prior Case History: 2009 NY Slip Op 33002(U).]