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Kearns Published in NY Real Estate Journal on Sponsor Liability for Breach of Contract in Condo Unit Closing

September 24, 2014

The New York Real Estate Journal published an article by Real Estate Law group partner Thomas Kearns entitled "May A Sponsor Intentionally Delay A Condo Unit Closing?” The article discusses a recent New York Supreme opinion that a sponsor may be liable for damages for an intentional breach of a new construction condominium purchase agreement by failing to diligently pursue completion and closing of a unit although damages may be limited.

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