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BMH REALTY LTD., Doing Business as HELLER REALTY, Appellant, v. 399 EAST 72ND STREET OWNERS, INC., Respondent.

There is no merit to plaintiff's contention that the correspondence between the parties constituted a binding agreement. Indeed, the documents themselves make clear that the parties did not intend to be bound until a formal agreement was executed ( see, Brause v Goldman, 10 A.D.2d 328, 332-333, affd 9 N.Y.2d 620). Nor was defendant required to make a good faith effort to prepare and deliver a formal written agreement ( see, Bernstein v Felske, 143 A.D.2d 863, 865).

Concur — Ellerin, J.P., Wallach, Nardelli and Williams, JJ.

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BMH REALTY LTD. v. 399 E. 72ND ST. OWNERS
(Nov 2, 1995)