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Omni Funding Corporation v. Minskoff

Appellate Division of the Supreme Court of New York, First Department
Mar 20, 2001
281 A.D.2d 288 (N.Y. App. Div. 2001)

Opinion

March 20, 2001.

Judgment, Supreme Court, New York County (Herman Cahn, J.), entered October 27, 2000, after a nonjury trial, dismissing the complaint in this action to recover a mortgage broker's commission, unanimously affirmed, without costs. Appeal from order, same court and Justice, entered October 5, 2000, unanimously dismissed, without costs, as subsumed within the appeal from the judgment.

Nancy Ledy-Gurren, for plaintiff-appellant.

Robert H. Pees, for Defendants-Respondents.

Before: Ellerin, J.P., Lerner, Saxe, Buckley, Friedman, JJ.


The evidence, fairly considered, supports the trial court's findings that, although plaintiff introduced defendants to the lending bank and arranged a meeting between them, the loan proposals it procured were not equivalent to the loan prescribed by defendants (see, Donald Zucker Co. v. Lieberman, 183 A.D.2d 553, 554, citing Brown v. Thompson Hill Dev. Corp., 248 N.Y. 290, 292) and, thus, its right to a commission never accrued (see, Cushman Wakefield v. 214 E. 49thSt. Corp., 218 A.D.2d 464, 466, appeal dismissed, 88 N.Y.2d 951, appeal denied, 88 N.Y.2d 816). Plaintiff was not the procuring cause of the loan that defendants eventually received, which was on substantially better terms and part of a package put together by a financing group other than the one that had formulated the prior loan proposal rejected by defendants (see, Kenneth D. Laub Co. v. 101 Park Ave. Assocs., 162 A.D.2d 294, 296; Thomas P. Reilly Co. v. Rockefeller Ctr. Mgt. Corp., 223 A.D.2d 477).

THIS CONSTITUTES THE DECISION AND ORDER OF SUPREME COURT, APPELLATE DIVISION, FIRST DEPARTMENT.


Summaries of

Omni Funding Corporation v. Minskoff

Appellate Division of the Supreme Court of New York, First Department
Mar 20, 2001
281 A.D.2d 288 (N.Y. App. Div. 2001)
Case details for

Omni Funding Corporation v. Minskoff

Case Details

Full title:OMNI FUNDING CORPORATION, PLAINTIFF-APPELLANT, v. EDWARD J. MINSKOFF, ET…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Mar 20, 2001

Citations

281 A.D.2d 288 (N.Y. App. Div. 2001)
722 N.Y.S.2d 143

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