On May 30, 1973, the parties entered into a lease for a suite of offices at 1020 Park Avenue, New York, New York. The lease, by its terms, expired on June 30, 1978. This summary proceeding was commenced on the theory that respondent holds over after the expiration of the lease.
The lease contains an option whereby respondent is given the right to extend his term for an additional five-year period at the stated rent. The option...
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