437 MADISON v. KEARNEY, INC.


120 Misc.2d 944 (1983)

437 Madison Avenue Associates, Petitioner, v. A. T. Kearney, Inc., Individually and as Successor in Interest to A. T. Kearney & Company, Inc., Respondent.

Civil Court of the City of New York, New York County.

September 1, 1983


Attorney(s) appearing for the Case

Shea & Gould (Adam B. Gilbert of counsel), for petitioner. Morgan, Lewis & Brockins (Terri Weiss of counsel), for respondent.


CHARLES E. RAMOS, J.

By reason of the present real estate market conditions prevalent in Manhattan's central business district, commercial tenants are increasingly holding over past the expiration dates of their leases as they attempt to find new locations that they can afford. This case arises out of such a situation in which the circumstances have been complicated by the landlord's claim that it suffered damage well beyond the normal increase in rent...

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