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MAGNUM REAL ESTATE SERVICES, INC., Plaintiff-Respondent, v. 133-134-135 ASSOCIATES, LLC, et al., Defendants-Appellants.
Order, Supreme Court, New York County (Helen E. Freedman, J.), entered May 8, 2008, which denied defendants' motion for partial summary judgment dismissing plaintiff's claim of ownership to certain real property, unanimously reversed, on the law, with costs, and the motion granted.
Plaintiff's claim of a 25% ownership interest in real property allegedly conveyed, not by or on behalf of a partnership that already existed between the parties, but by or on behalf of an entity created by defendants in which plaintiff had no interest, must be in writing or it is barred by the statute of frauds (see Gora v. Drizin, 300 A.D.2d 139, 752 N.Y.S.2d 297 [2002]; General Obligations Law § 5-703[3] ). Here, there is no evidence that such a writing existed, and none of the documents contained in the record establish that plaintiff is entitled to an ownership interest in either the properties or in the entity to which the properties were conveyed.
Furthermore, the record fails to establish the existence of a joint venture agreement such that plaintiff's claim is not subject to the statute of frauds (see e.g. Walsh v. Rechler, 151 A.D.2d 473, 542 N.Y.S.2d 262 [1989] ). There is no indication of mutual control over the management and operation of the properties, nor is there an agreement to share the burden of losses (see Needel v. Flaum, 248 A.D.2d 957, 958, 670 N.Y.S.2d 285 [1998] ).
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Decided: February 26, 2009
Court: Supreme Court, Appellate Division, First Department, New York.
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FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
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