LARRY SCHWARTZ VS. NICHOLAS MENAS, ESQ. (L-3904-11 AND L-4776-13, MONMOUTH COUNTY AND STATEWIDE) (CONSOLIDATED)

CourtNew Jersey Superior Court Appellate Division
DecidedNovember 6, 2020
DocketA-3187-18T3/A-4292-18T2
StatusUnpublished

This text of LARRY SCHWARTZ VS. NICHOLAS MENAS, ESQ. (L-3904-11 AND L-4776-13, MONMOUTH COUNTY AND STATEWIDE) (CONSOLIDATED) (LARRY SCHWARTZ VS. NICHOLAS MENAS, ESQ. (L-3904-11 AND L-4776-13, MONMOUTH COUNTY AND STATEWIDE) (CONSOLIDATED)) 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.

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LARRY SCHWARTZ VS. NICHOLAS MENAS, ESQ. (L-3904-11 AND L-4776-13, MONMOUTH COUNTY AND STATEWIDE) (CONSOLIDATED), (N.J. Ct. App. 2020).

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NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court."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 ca se and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-3187-18T3 A-4292-18T2

LARRY SCHWARTZ and NJ 322, LLC,

Plaintiffs-Appellants,

v.

NICHOLAS MENAS, ESQ., COOPER, LEVENSON, APRIL, NIEDELMAN & WAGENHEIM, PA, ERIC FORD and PULTE HOMES,

Defendants-Respondents,

and

BRAD INGERMAN and MBI DEVELOPMENT COMPANY, INC.

Defendants. _______________________________

LARRY SCHWARTZ,

Plaintiff-Appellant,

v. NICHOLAS T. MENAS, ESQ. and COOPER, LEVENSON, APRIL, NIEDELMAN & WAGENHEIM, PA,

Defendants-Respondents. ________________________________

Argued October 14, 2020 (A-3187-18T3) and October 22, 2020 (A-4292-18T2) – Decided November 6, 2020

Before Judges Yannotti, Haas and Natali.

On appeal from the Superior Court of New Jersey, Law Division, Monmouth County, Docket Nos. L-3904-11 and L-4776-13.

Bruce D. Greenberg and Giovanni De Pierro argued the cause for appellants Larry Schwartz and NJ 322, LLC in A-3187-18T3 (Lite DePalma Greenberg, LLC and De Pierro Radding, LLC, attorneys; Bruce D. Greenberg, Jonathan M. Carrillo, Giovanni De Pierro, Alberico De Pierro and David De Pierro, on the briefs).

Giovanni De Pierro argued the case for appellant Larry Schwartz in A-4292-18T2 (De Pierro Radding, LLC, attorneys; Giovanni De Pierro and Alberico De Pierro, on the briefs).

John L. Slimm argued the cause for respondents Nicholas Menas and Cooper Levenson, April, Niedelman & Wagenheim, PA, in A-3187-18T3 (Marshall Dennehey, Warner, Coleman & Goggin, attorneys; John L. Slimm and Jeremy J. Zacharias, on the brief).

Trevor J. Cooney argued the cause for respondents Pulte Homes and Eric Ford in A-3187-18T3 (Archer &

A-3187-18T3 2 Greiner, PC, attorneys; Stephen M. Fogler and Trevor J. Cooney, on the brief).

Frederic L. Shenkman argued the cause for respondents Nicholas T. Menas, Esq. and Cooper Levenson April Niedelman & Wagenheim, PA in A-4292-18T2 (Cooper Levenson, PA, attorneys; Frederic L. Shenkman and Jennifer B. Barr, on the brief).

PER CURIAM

In these two appeals, calendared back-to-back and consolidated for

purposes of this opinion, plaintiffs challenge the orders of the trial court, which

granted defendants' motions to bar plaintiffs' expert reports supporting their

claims for lost profits under the "new business rule." Plaintiffs also appeal the

court's orders granting defendants' motions for summary judgment. We affirm.

I.

The parties are fully familiar with the procedural history and facts

underlying each appeal. Therefore, we need only summarize them here.

A.

Plaintiff Larry Schwartz is the owner of a dry cleaning business in Staten

Island, and has operated this enterprise as a sole proprietorship for

approximately twenty years. In his deposition testimony, Schwartz admitted he

has never owned any other businesses and that he has "never developed any

pieces of property" or real estate.

A-3187-18T3 3 However, Schwartz testified that between 2000 and 2011, he did purchase

two or three "shells" in Newark and "rehabbed them." Schwartz never disclosed

how he completed those "rehabs," that is, whether he directed and performed the

work himself or simply financed the projects. In an answer to an interrogatory,

Schwartz stated he also built three "two-family homes" in 2006 and 2007, and

"developed eight other properties which were total [rehabs] (all were in Newark)

. . ." between 2008 and 2012. However, Schwartz provided no further

explanation concerning his role in the completion of this work and stated he did

not recall whether he earned any money from these endeavors.

Nothing in the record indicates that Schwartz ever directed or worked on

a project where he would have to break ground, frame houses, and construct the

core and shell of each building. He had never created the infrastructure of water,

electric, sewage, roadways, parking lots, and signage for a new development.

Schwartz never claimed he owned any construction equipment or had a

workforce on hand to develop a large project. Schwartz also admitted he had no

experience constructing, planning, or financing an affordable housing project.

B.

With this background in mind, we turn first to Docket No. A-3187-18.

Schwartz alleged that in 2006, defendant Nicholas Menas, who was a member

A-3187-18T3 4 of defendant Cooper, Levenson, April, Niedelman & Wagenheim, P.A.,

contacted Schwartz's friend, Salvatore Surace, about a real estate project.

According to Schwartz's deposition testimony, Surace "was a very wealthy

individual [who] had multiple years and experience of building[.]" However,

the record contains no further explanation of the nature of Surace's experience.

According to Schwartz, Menas proposed that Schwartz and Surace

purchase a property in Monroe Township known as "Duncan Farms" an d

develop it as a mixed-use rental townhouse/commercial development. Schwartz

and Surace agreed, and Menas formed plaintiff NJ 322, LLC with Schwartz and

Surace as the sole members. After the property was purchased, Schwartz

claimed that Menas and his law firm connived to have Duncan Farms rezoned

for affordable housing so that defendant Pulte Homes could build a mixed-used

market rate development on a different property that it owned in Monroe

Township.

Once the nature of the Duncan Farms project changed to an affordable

housing development, Surace dropped out of the venture and sold his interest to

Schwartz. Schwartz had preliminary discussions with an individual who had

experience in obtaining financing for affordable housing projects, but this

individual did not partner with him. Schwartz asserted that thereafter Menas

A-3187-18T3 5 and other defendants then prevented him from acting as the affordable housing

developer at Duncan Farms, and caused MBI Development Company to acquire

the project from Schwartz. Schwartz testified that he earned between $100,000

and $200,000 on the entire transaction.

In their complaint, plaintiffs Schwartz and NJ 322, LLC (collectively

Schwartz) alleged legal malpractice against Menas and his law firm. Schwartz

also alleged that all the defendants conspired to commit fraud, conversion, and

tortious interference with a contract and business advantage. Schwartz sought

damages, including lost profits.

In support of his claim for lost profits, Schwartz presented a report from

his expert, Dr. Robert Powell, Jr. Dr. Powell stated he "assess[ed] the profits

that would have likely been earned by [Schwartz] in the event that [his]

development goals and objectives in connection with the development of

[Duncan Farms] had not been frustrated by the alleged negligence and breach of

fiduciary duty of [d]efendants to" Schwartz.

Dr. Powell identified two possible projects that could have been

constructed on the property. The first option would have involved building "100

residential townhomes for sale along with 20,000 square feet of commercial

space. The townhomes would be a mix of two and three bedroom units," and

A-3187-18T3 6 would be sold at market prices. The commercial space "would feature a flexible

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