Majority
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be affirmed, with costs.
The damages sought by plaintiffs, for purely economic loss, are too speculative as a matter of law to sustain plaintiffs’ causes of action and the complaint, therefore, was properly dismissed (see, Tobin v Grossman, 24 NY2d 609 , 615-616 [citing Battalla v State of New York, 10 NY2d 237 , 242]; cf. Friedland v Myers, 139 NY 432 , 435 [damages may be recovered provided that they are proximate in effect, neither speculative nor uncertain in character and were reasonably foreseen as a consequence of the wrong]). Accordingly, we need not decide
Chief Judge Wachtler and Judges Meyer, Simons, Kaye, Alexander and Titone concur; Judge Hancock, Jr., taking no part.
Order affirmed, with costs, in a memorandum.
Cases cited
- Tobin v. Grossman 24 NY2d 609 at 615-616 p. 810
- Battalla v. State 10 NY2d 237 at 242 p. 810
- Friedland v. Myers 139 NY 432 at 435 p. 810
- Rottkamp v. Young 21 AD2d 373 p. 811
- Rottkamp v. Young 15 NY2d 831 p. 811