Project 188 Prop Co., LLC v. Nick & Duke, LLC

Project 188 Prop Co., LLC v Nick & Duke, LLC 2026 NY Slip Op 30849(U) March 3, 2026 Supreme Court, New York County Docket Number: Index No. 150185/2025 Judge: Phaedra F. Perry-Bond Cases posted with a "30000" identifier, i.e., 2013 NY Slip Op 30001(U), are republished from various New York State and local government sources, including the New York State Unified Court System's eCourts Service. This opinion is uncorrected and not selected for official publication.

file:///LRB-ALB-FS1/Vol1/ecourts/Process/covers/NYSUP.1501852025.NEW_YORK.001.LBLX038_TO.html[03/17/2026 3:45:46 PM]

FILED: NEW YORK COUNTY CLERK 03/03/2026 02:47 PM INDEX NO. 150185/2025 NYSCEF DOC. NO. 13 RECEIVED NYSCEF: 03/03/2026

SUPREME COURT OF THE STATE OF NEW YORK NEW YORK COUNTY PRESENT: HON. PHAEDRA F. PERRY-BOND PART 35 Justice -----------------------------X INDEX NO. 150185/2025 PROJECT 188 PROP CO., LLC MOTION DATE 04/10/2025 Plaintiff, MOTION SEQ. NO. 001 - V -

NICK & DUKE, LLC, DECISION + ORDER ON MOTION Defendant. ------------------------X

The following e-filed documents, listed by NYSCEF document number (Motion 001) 5, 6, 7, 8, 9, 10, 11, 12 were read on this motion to/for DISMISS

Upon the foregoing documents, Defendant's motion to dismiss Plaintiff's Complaint

pursuant to CPLR 321 l(a)(l) and (a)(7) is denied.

As alleged in the Complaint, Defendant owns the parcel of land known as 182-186

Eleventh Avenue, New York, New York together with the building on top of that land (hereinafter

the "Property"). Plaintiff was interested in redeveloping the Property and in April of 2023, the

parties began negotiating a purchase of the Property. The negotiations culminated in a purchase

and sale agreement on June 21, 2024 (the "First PSA") which was later amended on July 2, 2024

(the "Amended PSA"). Because the Property contained a four-story residential rental, and Plaintiff

sought to redevelop the property, Plaintiff allegedly agreed to purchase the Property contingent on

Defendant evicting or voluntarily relocating the tenants living at the Property. However, Plaintiff

claims Defendant failed to perform its end of the bargain by removing or relocating the tenants

According to Plaintiff, the parties were engaged in entering a Second Amended PSA to

allow more time to close while Defendant worked on relocating or evicting tenants at the Property,

but instead of entering a Second Amendment, Defendant delivered to Plaintiff a notice of default 150185/2025 PROJECT 188 PROP CO., LLC vs. NICK & DUKE, LLC Page 1 of 4 Motion No. 001

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FILED: NEW YORK COUNTY CLERK 03/03/2026 02:47 PM INDEX NO. 150185/2025 NYSCEF DOC. NO. 13 RECEIVED NYSCEF: 03/03/2026

dated August 19, 2024. Plaintiff rejected the notice of default and claimed Defendant was in breach

based on its failure to buy out tenants and resolve ongoing lawsuits, and therefore could not hold

Plaintiff in default. According to Plaintiff, Defendant could not perform under the Amended PSA

because its attorneys handling the ongoing litigation with the Property's tenants were owed

millions of dollars and withdrew as counsel.

Plaintiff now sues Defendant for specific performance, injunctive relief, attorneys' fees,

and breach of contract. Defendant moves to dismiss. Defendant argues, without any supporting

evidence, that Plaintiff failed to comply with certain requirements to deposit monies in escrow

pursuant to the parties' agreement, which is why the notice of default was sent. In opposition,

Plaintiff argues the motion, supported solely by an attorney affirmation and documents related to

the parties' purchase and sale agreement, are insufficient to succeed on a pre-answer motion to

dismiss. Defendant offers no reply.

When reviewing a pre-answer motion to dismiss for failure to state a claim, the Court must

give the Plaintiff the benefit of all favorable inferences which may be drawn from the pleadings

and determines only whether the alleged facts fit within any cognizable legal theory (Sassi v

Mobile Life Support Services, Inc., 37 NY3d 236, 239 [2021]). All factual allegations must be

accepted as true (Allianz Underwriters Ins. Co. v Landmark Ins. Co., 13 AD3d 172, 174 [l st Dept

2004]). A motion to dismiss based on documentary evidence is appropriately granted only when

the documentary evidence utterly refutes the plaintiff's factual allegations, conclusively

establishing a defense as a matter of law (Goshen v Mutual Life Ins. Co. of New York, 98 NY2d

314 [2002]). The documentary evidence must be unambiguous, of undisputed authenticity, and its

contents must be undeniable (VXI Lux Holdco S.A.R.L. v SIC Holdings, LLC, 171 AD3d 189, 193

[1st Dept 2019]).

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FILED: NEW YORK COUNTY CLERK 03/03/2026 02:47 PM INDEX NO. 150185/2025 NYSCEF DOC. NO. 13 RECEIVED NYSCEF: 03/03/2026

The motion to dismiss based on documentary evidence is insufficient as the termination

notice, notice of default, and Amended Agreement alone do not utterly refute Plaintiffs allegations

regarding Defendant's breach via its failure to remove tenants from the Property. Whether

Defendant properly terminated the contract or whether it was in breach at the time of its notice of

default is an issue of fact which requires discovery and a more fully developed record. Because

the documentary evidence fails to utterly refute Plaintiffs allegations that it performed and

Defendant improperly attempted to terminate the contract, the argument that Plaintiffs Complaint

fails to state a claim is equally meritless. Given the sparse record offered in support of the motion,

and considering this is a pre-answer motion to dismiss, Defendant's motion to dismiss is denied.

Accordingly, it is hereby,

ORDERED that Defendant's motion to dismiss Plaintiffs Complaint is denied; and it is

further

ORDERED that within twenty days of entry counsel for Defendant shall serve its Answer

to Plaintiffs Complaint; and it is further

ORDERED that the parties shall meet and confer immediately and submit a proposed

preliminary conference order to the Court via e-mail, but in no event shall the proposed order be

submitted any later than April 14, 2026. If the parties have a serious discovery dispute, they shall

notify the Court via e-mail so that an in-person conference can be scheduled; and it is further

ORDERED that if the parties elect to resolve their dispute via Court sponsored ADR, they

shall notify the Court so the appropriate referral order can be issued; and it is further

150185/2025 PROJECT 188 PROP CO., LLC vs. NICK & DUKE, LLC Page 3of4 Motion No. 001

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FILED: NEW YORK COUNTY CLERK 03/03/2026 02:47 PM INDEX NO. 150185/2025 NYSCEF DOC. NO. 13 RECEIVED NYSCEF: 03/03/2026

ORDERED that within ten days of entry, counsel for Plaintiff shall serve a copy of this

Decision and Order, with notice of entry, on Defendant via NYSCEF.

This constitutes the Decision and Order of the Court.

DATE Q '1_ £,?se- HON. PHAEDRA F. PERRY-BOND, J.S.C.

~ CHECK ONE: CASE DISPOSED NON-FINAL DISPOSITION

GRANTED 0 DENIED GRANTED IN PART □ OTHER APPLICATION: SETTLE ORDER SUBMIT ORDER

CHECK IF APPROPRIATE: INCLUDES TRANSFER/REASSIGN FIDUCIARY APPOINTMENT □ REFERENCE

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