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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Aras v. B-U Realty Corp., 2023 NY Slip Op 04917 (2023)

Citation
Aras v. B-U Realty Corp., 2023 NY Slip Op 04917 (2023)
Parent Document
Aras v. B-U Realty Corp., 2023 NY Slip Op 04917 (2023)
Jurisdiction
New York (state)
Effective Date
2023-10-03

Other Sections in This Document (169)

Full Text

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The case cited in footnote seven for the elements of fraud, Vermeer Owners v Guterman, involved claims under the Martin Act and for common-law fraud based on alleged [*22]misrepresentations in a co-op apartment offering plan (78 NY2d at 1116), where the misrepresentations related to the building's lease of its garage space to an entity formed and owned by the co-op sponsor's principal (see Vermeer Owners, Inc. v Guterman, 169 AD2d 442, 443 [1st Dept 1991], affd 78 NY2d 1114).