Buyers can’t rescind disputed purchase contracts

Law of the Land
Published on Jun 30, 2010

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by CareyBot

In 2007, Borden East River Realty LLC sponsored the Hunters Point Condominium Development in Long Island City, N.Y.

Borden East filed a New York State Offering Plan with the New York State Attorney for the 132 residential condos, 26 roof terrace units, and 25 parking space units comprising the development, then began selling the unfinished units.

Hunters Point was promoted under a common promotional plan with a neighboring development, Hunters View, that was sponsored by a different developer.