American Standard, Inc. v. Schectman
New York Supreme Court, Appellate Division
439 N.Y.S.2d 529, 80 A.D.2d 318 (1981)
- Written by Angela Patrick, JD
Facts
American Standard, Inc. (plaintiff) owned property that had been the site of various industrial operations. American Standard decided to sell the property and contracted with Harold Schectman (defendant) to demolish all existing structures, remove equipment, and grade the property. Schectman did not grade the property as specified in the contract because doing so would have cost him $90,000. American Standard sued Schectman for breach of contract. Schectman argued that American Standard had suffered, at most, $3,000 of damages due to his breach because American Standard was able to sell the property for only $3,000 less than fair market value. The court used completion costs as the measure of damages, and American Standard was awarded $90,000 for Schectman’s breach. Schectman appealed.
Rule of Law
Issue
Holding and Reasoning (Hancock, J.)
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