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GRANGER UNIV. AVE. CORP. v. FIRST STATE INS. CO.

99 A.D.2d 1022 (1984)

Granger University Avenue Corp. et al., Appellants, v. First State Insurance Company, Appellant, and City of New York et al., Respondents First State Insurance Company, Third-Party Plaintiff-Appellant, v. Board of Education of the City of New York et al., Third-Party Defendants-Respondents

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

March 29, 1984

¶ Plaintiffs are the owners of the subject premises in The Bronx, which was leased to the defendants city and board of education in October of 1969 pursuant to a board of estimate resolution adopted in August, 1969. The lease was for a term of 10 years for use as an annex to a school, commencing on August 1, 1970 until July 31, 1980. It was drafted by the defendants-respondents. ¶ The lease provided a covenant in typed form: "(2) That at the expiration of the term...

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