Kvpr, LLC v. 30-38 Oak Street, LLC

CourtNew Jersey Superior Court Appellate Division
DecidedJuly 18, 2025
DocketA-1213-22
StatusUnpublished

This text of Kvpr, LLC v. 30-38 Oak Street, LLC (Kvpr, LLC v. 30-38 Oak Street, LLC) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Kvpr, LLC v. 30-38 Oak Street, LLC, (N.J. Ct. App. 2025).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-1213-22

KVPR, LLC,

Plaintiff-Appellant/ Cross-Respondent,

v.

30-38 OAK STREET, LLC,

Defendant-Respondent/ Cross-Appellant,

and

ONYX EQUITIES, LLC,

Defendant-Respondent. ______________________________

Third-Party Plaintiff- Respondent/Cross-Appellant,

MICHAEL PICKHOLZ,

Third-Party Defendant- Appellant/Cross-Respondent. ______________________________

Submitted April 16, 2024 – Decided July 18, 2025

Before Judges Gooden Brown and Bergman.

On appeal from the Superior Court of New Jersey, Law Division, Bergen County, Docket No. L-7147-16.

Lawrence H. Kleiner, LLC, attorneys for appellants/cross-respondents (Lawrence H. Kleiner, of counsel and on the briefs).

Cole Schotz, PC, attorneys for respondent Onyx Equities, LLC, and respondent/cross-appellant 30-38 Oak Street, LLC (Adam J. Sklar and Eric S. Latzer, of counsel and on the briefs).

The opinion of the court was delivered by

GOODEN BROWN, P.J.A.D.

Plaintiff KVPR, LLC (KVPR) appeals from a final judgment entered on

November 15, 2022, dismissing its claims after a bench trial. The claims arose

from plaintiff's commercial lease agreement with 30-38 Oak Street, LLC (Oak

Street), and Onyx Equities, LLC (Onyx), collectively defendants. The crux of

the dispute involved plaintiff's allegations of breach of contract and fraud

stemming from flooding incidents that occurred at the leased premises. Oak

Street cross-appeals from the same judgment dismissing its claims in its

counterclaim against plaintiff for breach of the lease terms and dismissing its

A-1213-22 2 third-party complaint against third-party defendant Michael Pickholz, plaintiff's

principal and personal guarantor. Based on our review of the record and

applicable legal principles, we affirm the trial court's dismissal of plaintiff's

claims, reverse the dismissal of Oak Street's counterclaim and third-party

complaint, and remand for further proceedings consistent with this opinion.

I.

We glean the salient facts from the five-day bench trial conducted on

consecutive days in October 2022.

In March 2014, the parties entered into a lease agreement wherein plaintiff

would rent from defendants a portion of property located at 30-38 Oak Street in

Ridgewood (the property or the premises). Pickholz, plaintiff's principal,

planned to open a Kidville Inc. franchise, an early childhood enrichment center

attended by preschoolers and toddlers. Kidville offered development classes,

creative activities, and services such as music, art, dance, and gymnastic classes.

Kidville members would attend classes with their parents and would watch

videos, crawl on the floor, play games, and sing songs.

Pickholz's desire to open a Kidville franchise stemmed from his own

children's attendance at the flagship location in New York City. Pickholz

wanted to provide "high-end quality" classes by using an Olympic-rated gym

A-1213-22 3 with padded floors and equipment; music classes from a live, four-piece band

with proprietary Muppet characters; and a dance studio with parquet floors,

spotlights, and mirrored walls. Pickholz believed he was "absolutely" qualified

to run a Kidville franchise due to his significant background in business, which

included over twenty years' of overseeing and advising businesses, sitting on

boards, and managing startups. His career included asset management and

private equity banking. He received a BA in history from Colgate University

and a master's in accounting and "dual MBA in finance and accounting" from

New York University.

On June 12, 2013, Pickholz established plaintiff as a corporate entity to

own and operate the selected Kidville franchise location and issued a check in

the amount of $50,000 to Kidville Franchise Company, LLC. In selecting a

building for his Kidville franchise, Pickholz sought a space in "a good central

location that was easily reachable" and had ample parking, "nice aesthetics," and

a minimum of about 4,000 square feet of space. Pickholz was in the process of

negotiating a lease on another building when he was contacted by Adam

Karafiol, senior vice president of leasing at Onyx, the property manager of Oak

Street, and asked to consider the Oak Street property.

A-1213-22 4 The Oak Street property had two above-ground stories and a basement.

Other tenants included Park West Tavern (the Tavern), a ground-floor

restaurant; Park West Loft, a private event space; the Old Post Office, a historic

building; Savvy Chic, a clothing store; and Neil Diamonds Fine Jewelers (Neil

Diamonds), a jewelry store. The property also had a common lobby area, small

offices, and common bathrooms. Pickholz expressed interest in taking over the

Old Post Office space, the back half of Park West Loft, Savvy Chic, and the

basement.

In the fall of 2013, Pickholz and Karafiol inspected the property together.

At trial, Pickholz testified he saw "a small water puddle on the floor," "probably

around, plus or minus," the size of a manhole. Pickholz testified that he asked

Karafiol about "the puddle."

He said that, oh, it's no big deal. He said, you know, [the Tavern] is above this, and at the time, . . . I think they're working there. He said that [the Tavern] had just installed or replaced some equipment and that—if I didn't realize at the time, we were standing roughly around where the kitchen is.

And so, when they did that—with large commercial equipment, you know, you have the big plumbing lines or whatever that go through, and you have to cut. So obviously, that caused some water and whatever that spilled on the floor. And that's what caused some of it. Obviously, it came down, and since the pipes are right there, . . . it dripped, so they opened

A-1213-22 5 it up. And once the new equipment was put in, obviously, it was, you know, sealed off, and there[ were] no issues. And so, it was just open from a little bit of the water that had come in and, you know, would all be dried out or whatever in a couple of days, and they'd replace the tile.

Pickholz testified the explanation "seemed to be" satisfactory because the

puddle "looked like something that would make total sense if a refrigerator or a

pipe from a sink had opened." Pickholz also testified that he discussed the

property with Randy Carson, who owned the Tavern and "helped basically sell

[him]" on the property. He testified that Carson informed him "he hadn't had

any issues involved with his space."

Karafiol testified that when he and Pickholz inspected the premises for the

first time, they noticed stained ceiling tiles in the basement. He recalled

explaining to Pickholz that the Tavern's kitchen or a faulty HVAC system could

have caused the stains, but he did not know for sure. He also recalled that it was

not an active leak, so he felt no follow-up was necessary. Karafiol further

testified he and Pickholz observed a sump pump in a basement closet, which he

said was there "because the water table [was] high."

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Kvpr, LLC v. 30-38 Oak Street, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/kvpr-llc-v-30-38-oak-street-llc-njsuperctappdiv-2025.