State v. Manhattan View Development, Ltd.

Decision Date11 March 1993
Citation595 N.Y.S.2d 13,191 A.D.2d 259
PartiesSTATE of New York, Plaintiff-Respondent, v. MANHATTAN VIEW DEVELOPMENT, LTD., et al., Defendants, and John Bradley, et al., Defendants-Appellants.
CourtNew York Supreme Court — Appellate Division

Before MILONAS, J.P., and ROSENBERGER, KUPFERMAN and ROSS, JJ.

MEMORANDUM DECISION.

Order, Supreme Court, New York County (Myriam J. Altman, J.), entered December 24, 1991, which, inter alia, granted plaintiff's motion for summary judgment to the extent of awarding judgment on the issue of liability on the first, second, ninth, and sixteenth causes of action, unanimously affirmed, without costs.

Contrary to defendants' arguments, they were actively involved in the planning and consummation of the condominium offering, as a matter of law, within the meaning of 13 NYCRR 20.1(c)(2). Defendant Bradley was an officer of Delgado Management Corp., the managing agent for the condominium, and had authority to write corporate checks. Defendants signed the certification admitting that they were principals of the condominium corporation, and that they were responsible for compliance with applicable law; they oversaw construction of the project; they invested $1.4 million; they...

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8 cases
  • 904 Tower Apartment LLC v. Cuomo, Index No. 105022/2010
    • United States
    • New York Supreme Court
    • May 23, 2014
    ...under the parties' purchase agreement is material, Academy St. Assoc. v. Spitzer, 50 A.D.3d at 272; State of New York v. Manhattan View Dev., 191 A.D.2d 259 (1st Dep't 1993), the total mix of relevant information includes petitioners' notice, through the offeringplan and its amendments, of ......
  • People v. Lurie
    • United States
    • New York Supreme Court — Appellate Division
    • April 21, 1998
    ...Assocs., 224 A.D.2d 280, 281, 638 N.Y.S.2d 26 lv. dismissed 89 N.Y.2d 917, 653 N.Y.S.2d 920, 676 N.E.2d 502; State v. Manhattan View Dev. Ltd., 191 A.D.2d 259, 595 N.Y.S.2d 13). To this end, the Martin Act requires sponsors of real estate syndication offerings to file an "offering statement......
  • 904 Tower Apartment LLC v. Cuomo
    • United States
    • New York Supreme Court
    • December 3, 2012
    ...W10Z/515 Real Estate Ltd. Partnership, 12 N.Y.3d at 243; Academy St. Assoc. v. Spitzer, 50 A.D.3d at 272; State of New York v. Manhattan View Dev., 191 A.D.2d 259 (1st Dep't 1993). B. A Return of the Deposit to an Escrow Account Once a determination regarding the disposition of a deposit or......
  • 904 Tower Apartment LLC v. Cuomo
    • United States
    • New York Supreme Court
    • December 3, 2012
    ...W10Z/515 Real Estate Ltd. Partnership, 12 N.Y.3d at 243; Academy St. Assoc. v. Spitzer, 50 A.D.3d at 272; State of New York v. Manhattan View Dev., 191 A.D.2d 259 (1st Dep't 1993). B. A Return of the Deposit to an Escrow Account Once a determination regarding the disposition of a deposit or......
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