Wexler v. Ambalo

2024 NY Slip Op 31220(U)
CourtNew York Supreme Court, Kings County
DecidedApril 9, 2024
DocketIndex No. 507107/2022
StatusUnpublished

This text of 2024 NY Slip Op 31220(U) (Wexler v. Ambalo) is published on Counsel Stack Legal Research, covering New York Supreme Court, Kings County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wexler v. Ambalo, 2024 NY Slip Op 31220(U) (N.Y. Super. Ct. 2024).

Opinion

Wexler v Ambalo 2024 NY Slip Op 31220(U) April 9, 2024 Supreme Court, Kings County Docket Number: Index No. 536903/2023 Judge: Leon Ruchelsman Cases posted with a "30000" identifier, i.e., 2013 NY Slip Op 30001(U), are republished from various New York State and local government sources, including the New York State Unified Court System's eCourts Service. This opinion is uncorrected and not selected for official publication. FILED: KINGS COUNTY CLERK 04/09/2024 02:21 PM INDEX NO. 536903/2023 NYSCEF DOC. NO. 30 RECEIVED NYSCEF: 04/09/2024

SUPREME COURT OF THE STATE OF NEW YORK COUNTY OT KINGS : CIVIL TERM: COMMERCIAL 8 ---- . -----.-·---· -------·--- · ·-·-.----- ·--.---- .x AA.RON WEXLER and RICK KAMINER, Plaintiff s, Decision ~hd order

- against - Index No. 536903/202 3

DAVID AMBALO, 4 683 PARK DA LLC, SPRINGFIELD 141 LLC, and JOHN DOES and JANE DOES #1-10, the last 10 name·s being fictitious and unknown to the plaintiff s, Defendant s, April 9, 2024 ----·--·· ---------· - ·.-·----.--. -.--------- --·----x· PRESENT: HON. LEON RUCHELSMAN Motion Seq. #1 & #2

The defendant s have moved pursuant to CPLR.§321 1 seeki,ng to

dismiss the complaint for the failure to allege any causes of

action. The plaintiff has cross-mov ed seeking partial summary

judgement . The motions have been opposed respectiv ely. Papers

were submitted by the parties and arguments were held. After

reviewing all the arguments this court now makes the following

determina tion.

According to the verified complaint the plaintiff Aaron

Wexler owns 52,5% of an entity called 2351 Managemen t LLC,

plaintiff Rick Kaminer owhs 17.5% and the defendant David Ambalo

Owns 30% Of that entity. That entity is a 90% owner of 2351

Pacific Street located in Kings CoUhty. The ~emaining ten

percent is owhed by Twinnies LLC, which is owned by Wexler and a

non-party . Moreover, defendant Ambalo is the sole ow-ner o.f 46_83

Park DA LLC, which is the sole member of Springfie ld 141 LLC,

which owns a 50% ownership interest in the pr'operty located at

4683 Park Avenue in Bronx County. The other 50% owner is Forrest

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Equitie•s LLC, which is 'Owned by the plaintif fs. On April 5, ·2023:

the parties entered .into a: settleme nt agreeme nt whereby Ambalb would become the sole own:er of 23til Pacif .:l..c while the pla'inti£ fs

would beco_me the sole owners of 46:-S3 Par·k and that further We·xier

would pay Ambalo $500,000 . The verified cornpiai nt alleges. that

Ambalo. repudia ted the agreeme nt by notifyin g the plaintif fs he

would not be transfe· rring any -of his :Shares because· the closing

q.id not occur by the closing date. The plainti ffs _commenced this

action and have asse;.rted four caus.es of action, namely for

speci,fic performa nce.,, breach of contrac t, expecta tion damages and

tortio1,is intE?arfe .tence. The verified complai nt ~ll~ges tl:1.e

plaintif fs sat.i:S.fi ed all the co.ndi tions necessar . y .f.or . the.

tran.sf.e r and the defenda nt unilate rally brea.ched said a_gr~eme nt.

The defe-nda nts .have now :moved s~-~ki_ng t_o di.~mis9 the

complain t. on the- grounds no breach_ of_ the settleme nt ag.reer_ne nt

occurred becat.lsEi" the pla_ihti ffs f.ailed to. satisfy necessa ry

condi tioris pr·ecede nt . The plainti ff .;_i have c ro ~:s.-moved see kin:g a

<;ie:i;;"ermina:t-ion t:he defenda nt must comi:ily with the se-ttlem ent

agreeme nt. As noted the motions a::re> ·opp_qsed .

Conclus ions o.f: Law

It is well s·e•ttled that upon a· motion tq di.smis-s the court

must determin e, accept.ih g th!i:!• alleg.ati ons of the complai nt as

true, wbethe·r tn-e p.iarty can succeed upon any reafrnnab 1e· vi~w o-f

[* 2] .. 2 of ------ ·-·-··- ·-····- --·--- 5 ------ ------ ------ ------ - FILED: KINGS COUNTY CLERK 04/09/2024 02:21 PM INDEX NO. 536903/2023 NYSCEF DOC. NO. 30 RECEIVED NYSCEF: 04/09/2024

those facts· (Pere.z -v. Y & M .Tr.anspo·rtati on Co.rporati:0n;- 219 AD3q

14.49, 1.96 NXS3d 145 [2q. pept., 202~]). Further, all the

allegations· in the complaint a·te deemed true and all reasonahie

inference.s m-c;1.y be tjrawn _in fC;:J.y.or o.t the p.lain.t_j,ff (.ArchLva1 Ihc .. , v. 177 Realty Corp., 220 AD3d 909, 198 NYS2d 567 [2d Dept.,

ZOZ3 l ) . Whether -the complaint will -late.r survive a ·motion for

-summary judgment, or whe.ther the pla.intiff will ultimately be

able t.o prove its claims, of cours.$, plays no. part in the

detE;Jr~inatiqn , of .a- pre...,_discove.r y CPLR §·~211 motion to dismiss ( ~ . Lam v. Weiss., 219 AD3d '7:13 ,. 195 N':i;'S3d 4.s·s [ 2d Dept.,

.'2023))..

The settiemettt agr.e.ement .provided that, UJ?On s.at,isfa.ction o.f

a.11 conditio.ns precedent, the closing would occ:ur .on 9r b~for~

one hundred and t"l,renty· days from the date of execution (see,

Settlement Agreement, j2 [NYS-CEF D.oc. N.Q. ?J) .. Section 8 qf the

.agreement states that ':'Ambalo shall have the option o.f cancelling

this Agreement should the i terns provided in section s., 6 .and 7

herei.n- .not be· complied w.i.th'r (:id).. Furtner, Section 13 of the

agreement states that ~'Wexler shall pay to Arribalo the net sum of

·Five H.uttdred Thousand Doii:ar:s (.$50.d, .000. 0-0 j at or prior to Glps,ing (the "Payment"), by ce.rti'fied ch.eek or wire.. Should

Wexler fail to ·make this Payment .by the ciosing Deadli_n.e, then

tp.i.s Agreement shall be null and void, and the Parties shall

retain all of their ri9hts and obl~gations prior to this

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Agreement " (id).

There is no dispute that the plaintiff s failed to satisfy

all the condition s precedent contained in paragraph s 5, 6 and 7

and failed to pay Ambalo $500,000 pursuant to the agreement . The

plaintiffs .argue that the agreement did not contain a time of the

es-sence clause. Consequen tly, "Defendan ts were therefore unc:3,ble

to terminate the agreement without first sending an unequivoc al

notice that time is of the essence'' (see, Memorandum of Law; page

9 [NYSCEF Doc. No~ 12]); How~~er, a time of the es~ence clause

is not required where the contract contains a specific

terminatio n provision (USA Recycling Inc .• v. Baldwin EndiCo

Realty Associate s Inc., 191 AD3d 619, 139 NYS3d 529 [1 st Dept ...,

2021]) . Furthermo re, language in a .contract that states if

condition s remain unfilled by a certain date then "the sole

remedy of the purchaser is to elect to cancel this contract'; a

time of the essence is surely implied (~r S'.guicciar ini v. Park

Ridge at Terryville Associate s, 199 AD2d 376, 605 NYS2d 372 [2d

De pt • , 19 9 3 J ) •

In this case the agreement specifica lly stated that upon the failure to comply with the conditionE i, the defendant had the

Option to cancel the contract and that if the $500,000 was not

paid by the closing date then the agreement is "null and void"

(see, Settlemen t Agreement , fil13 [NYSCEF Doc. NO. 2]). The

plaintiffs argue the. defendant s terminated the agreement

4 of 5 [* 4] FILED: KINGS COUNTY CLERK 04/09/2024 02:21 PM INDEX NO. 536903/2023 NYSCEF DOC. NO. 30 RECEIVED NYSCEF: 04/09/2024

prematurely.

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Bluebook (online)
2024 NY Slip Op 31220(U), Counsel Stack Legal Research, https://law.counselstack.com/opinion/wexler-v-ambalo-nysupctkings-2024.