How to Recover Damages for Fraud In New York ?

In Crafton Building Corp. v. St. James Construction Corp., (221 A.D.2d 407, 633 N.Y.S.2d 795), the Appellate Division, Second Department, stated the familiar rule that in order for a party to recover damages for fraud he must plead and prove that the defendant made a representation as to a material fact which is false and known to be false by the defendant, that the representation was made for the purpose of inducing the other party to rely upon it; that the other party rightfully did so rely in ignorance of its falsity and was injured thereby.