On October 4, 1968 the 48th St. Realization Corp., the predecessor landlord to defendant 48-48 Associates, Inc. (48-48), and Genesco, Inc., as tenant, entered into a lease of the subject premises pursuant to which a Genesco subsidiary, Whitehouse & Hardy, was to sell men's clothing, shoes and related items. Article 43 of the lease provided for additional rent (rent in addition to the base rent) to be paid by Genesco in the amount of 12% of any increase in real estate...
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