The underlying action is to recover the cost of renovation and modernization of premises leased by plaintiff from defendants. Before plaintiff commenced the tenancy it required substantial renovation to the premises and defendant Hirschfeld, as owner, agreed in the lease to either perform the work or reimburse plaintiff for it. The lease was entered into on May 18, 1971 and the premises conveyed to defendant 112 State Street, a corporation owned by defendant Hirschfeld, on...
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