Optimum News 12 Newsday.com MSG Varsity Explore LI AM New York Optimum Autos Optimum Homes

Spin Cycle

News, views and commentary on Long Island, state and national politics

LI music company scores $227G court win [Updated]

The state's highest court ruled Monday in favor of J. D'Addario & Co., a well-known musical instrument company, in a fight with Embassy Industries over a canceled development contract.

The two entered a $6.5 million contract for a Smith Street parcel in Farmingdale but the deal never went through. Embassy wanted to keep not only a $650,000 down payment from D’Addario but also the $227,000...

Content Preview This content is exclusive for Newsday digital access and 7-day home delivery subscribers and Optimum Online customers.

Already
registered?
Log in
Already a
subscriber/customer?
Register
Get a 4-week trial for $1
Subscribe

advertisement | advertise on newsday

Newsday's Political Reporters

Follow Newsday on Twitter

advertisement | advertise on newsday