Roseheller Square, LLC v. Vc Associates, LLC

CourtNew Jersey Superior Court Appellate Division
DecidedJuly 9, 2026
DocketA-2262-24
StatusUnpublished

This text of Roseheller Square, LLC v. Vc Associates, LLC (Roseheller Square, LLC v. Vc Associates, 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
Roseheller Square, LLC v. Vc Associates, LLC, (N.J. Ct. App. 2026).

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NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ."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-2262-24

ROSEHELLER SQUARE, LLC,

Plaintiff-Appellant/ Cross-Respondent,

v.

VC ASSOCIATES, LLC, CLASSIC EXPRESS CAR SERVICES, LLC, VICTOR H. CELI, VERONICA SOLANO,1 HELMEL V. VALLENCIA, SONIA J. SOLANO, CESAR A. CALVA, OSCAR J. PADILLA, and KEVIN A. CELI,

Defendants-Respondents/ Cross-Appellants,

and

RICARDO G. VALENCIA SUQUILAND and DIEGO VALENICA SARANGO,

Defendants-Respondents. ______________________________

1 Veronica Solano was improperly pled as Veronica Solao. Argued June 3, 2026 – Decided July 9, 2026

Before Judges Mayer, Gummer and Paganelli.

On appeal from the Superior Court of New Jersey, Law Division, Essex County, Docket No. L-1224-19.

Eric J. Warner (Law Office of Eric J. Warner, LLC) argued the cause for appellant/cross-respondent.

Jacob S. Narva argued the cause for respondents/cross- appellants (Einhorn, Barbarito, Frost, Botwinick, Nunn & Musmanno, PC, attorneys; Bonnie C. Frost and Jacob S. Narva, on the briefs).

PER CURIAM

Plaintiff Roseheller Square LLC (Roseheller) appeals from two June 20,

2023 orders granting summary judgment to defendants VC Associates, Victor

H. Celi, Veronica Solano, Helmel V. Vallencia, Sonia J. Solano, Cesar A. Calva,

Oscar J. Padilla, Kevin A. Celi, Ricardo G. Valencia Suquiland, Diego Valencia

Sarango, and Classic Express Car Services, LLC (Classic) (collectively

defendants) and dismissing its six-count second amended complaint. In

addition, Roseheller appeals from the orders denying its motion for summary

judgment regarding certain counts in its complaint. Because we conclude the

court erred in its analysis concerning two counts of Roseheller's complaint, we

vacate the grant of summary judgment and remand for further proceedings as to

those two counts. We affirm all other aspects of the court's June 2023 orders.

A-2262-24 2 VC Associates cross-appeals from a February 14, 2025 order, following a

bench trial, dismissing its counterclaim for failure to prove damages. Because

we conclude the court failed to consider a potential aspect of damages, rent

reduction, we vacate that order and remand for further proceedings regarding

that issue.

I.

In 2016, VC Associates and Roseheller executed an Agreement of Sale

(Agreement). The Agreement provided VC Associates would sell Block 748.01,

Lot 20, "commonly known as 839-845 North 6th Street, Newark,[] New Jersey,"

to Roseheller for $1,050,000 (Subject Property). The Agreement provided for

Roseheller to obtain various approvals and file for variances as needed. "If

approvals [we]re not obtained within eighteen (18) months," Roseheller or VC

Associates could terminate the Agreement.

In the Agreement, VC Associates "acknowledge[d] that [Roseheller wa]s

purchasing th[e Subject P]roperty as an 'assembly' of various properties"

(Adjacent Properties) and Roseheller could "terminate th[e] Agreement if

[it wa]s unable to purchase all of the various properties simultaneously or

contemporaneously[]."

A-2262-24 3 In addition, the Agreement provided the "sale [wa]s subject to the

[c]ommercial [l]ease early-termination agreement in the form of a 'buy-back'

agreement between [VC Associates] and its commercial [t]enant, Electronic

Auto Tech LLC" (Electronic Auto). Under the buy-back agreement, Electronic

Auto "ha[d] agreed to sell its rights under the subject [c]ommercial [l]ease and

to vacate the leased [Subject P]roperty upon receipt . . . of $20,000" after

"hav[ing] been given a 90-day notice to vacate." VC Associates and Roseheller

were "50/50 responsible for the 'buy-back' payment."

In August 2017, Maria J. Rivero, VC Associates' attorney, wrote to

Roseheller's attorney, Jay Kanetkar, and inquired about the status of the

preliminary approvals.

In May 2018, Kanetkar wrote to Rivero and advised that despite the

Agreement's development-approval contingency, Roseheller was "comfortable

with the approvals application . . . and . . . [we]re willing to close without the

actual approvals." Kanetkar advised that Roseheller "would like to close as soon

as [wa]s practicable" and acknowledged VC Associates had to provide its tenant

with a ninety-day notice to vacate.

In June 2018, Rivero wrote to Electronic Auto and advised "the pending

sale of the [Subject P]roperty [wa]s on the cusp of being consummated."

A-2262-24 4 Therefore, Rivero advised "you are hereby given notice that you must vacate the

premises within ninety (90) days." Rivero further advised "you will be

compensated in the amount agreed upon vacating the [Subject P]roperty."

In September 2018, after little progress toward closing, Rivero served

Kanetkar and the real estate closing attorneys with a "NOTICE OF TIME OF

THE ESSENCE." (Boldface omitted). She advised that VC Associates had

"fixe[d] October 1, 2018, at 1:00 p.m. . . . for the closing." (Capitalization

modified).

On October 1, 2018, after Roseheller did not appear at the closing, Rivero

served Kanetkar and the real estate closing attorneys with "NOTICE OF

CANCELLATION OF CONTRACT." (Boldface omitted). Rivero stated that

as a result of Roseheller's failure to obtain approvals and its "failure to meet the

Time of the Essence notice, [VC Associates] hereby declare[d] the contract null

and void."

In response, Eric J. Warner, Roseheller's litigation counsel, advised

Rivero that because of VC Associates' termination, Roseheller sustained

considerable financial loss. Warner sought to "reinstate[]" the Agreement and

set September 1, 2019, as a closing date under the terms of the Agreement.

Alternatively, Warner advised litigation would proceed.

A-2262-24 5 On February 14, 2019, Roseheller filed a complaint against VC

Associates. In its three-count complaint, Roseheller alleged VC Associates had

breached the Agreement and the implied covenant of good faith and fair dealing

and asserted it was entitled to specific performance.

VC Associates filed an answer with affirmative defenses and a

counterclaim. In its four-count counterclaim, VC Associates alleged breach of

contract, breach of the implied duty of good faith and fair dealing, its detrimental

reliance, and Roseheller's bad faith.

On February 28, 2020, Roseheller closed on a single-family home. On

September 29, 2021, Roseheller closed on several lots owned by the Spanish

Manor restaurant. These properties comprised part of the Adjacent Properties.

In September 2021, Roseheller moved for leave to file a second amended

complaint. Roseheller sought to add Classic, Victor H. Celi, Veronica Solano,

Helmel V. Vallencia, Sonia J. Solano, Cesar A. Calva, Oscar J. Padilla, Kevin

A. Celi, Ricardo G. Valencia Suquiland, and Diego Valencia Sarango. It

contended Classic was a tenant of VC Associates and Victor H. Celi was a

principal of VC Associates and Classic. Further, it asserted the other

individually named defendants were members of VC Associates and were

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