MATTER OF ROBED REALTY CORP. v. GRAND UNION CO.


14 A.D.2d 818 (1961)

In the Matter of Robed Realty Corporation, Appellant, v. Grand Union Company, Respondent

Appellate Division of the Supreme Court of the State of New York, Second Department.

October 30, 1961


Order affirmed, with costs.

The original lease was for a 10-year term commencing February 1, 1950 and terminating January 31, 1960, at a rental of $10,000 per annum, payable in monthly installments. The pertinent clause in the lease provided that the tenant at its option is entitled to two successive five-year terms under the same terms and conditions, and "Unless the Tenant shall have given the Landlord at least thirty days' notice of its intention not to extend...

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