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ENGELHARD MINERALS & CHEMS. CORP. v. FISHER-PARK LANE CO.

50 A.D.2d 534 (1975)

Engelhard Minerals & Chemicals Corporation, Appellant, v. Fisher-Park Lane Company, Respondent

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

November 13, 1975

It is the contention of the plaintiff-tenant that the lease arrangement with respect to rent calling for rent escalations based on increases in real estate taxes and operating expenses with a ceiling in each year, is so clear and unambiguous that there is nothing really to arbitrate. While the substantive legal point with respect to the lease is not free from doubt, CPLR 7501 states as follows: "In determining any matter arising...

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