Roseheller Square, LLC v. Vc Associates, LLC

New Jersey Superior Court Appellate Division·Decided July 9, 2026·No. A-2262-24·Unpublished

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NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ."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/crossappellants (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

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

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

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

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

A-2262-24

"jointly and severally liable . . . for the torts committed with respect to [Roseheller]'s economic interests."

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