SILVERSTEIN PROPS., INC. v. PAINE, WEBBER, JACKSON & CURTIS, INC.


65 N.Y.2d 785 (1985)

Silverstein Properties, Inc., et al., Respondents, v. Paine, Webber, Jackson & Curtis, Inc., Appellant.

Court of Appeals of the State of New York.

Decided June 28, 1985.


Attorney(s) appearing for the Case

Erskine D. Henderson, Allen G. Reiter and Henry P. Wasserstein for appellant.

Stephen J. Fallis and Mary Jo Reich for respondents.

Chief Judge WACHTLER and Judges JASEN, MEYER, SIMONS, KAYE, ALEXANDER and TITONE concur.


MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs.

The parties entered into a lease which requires the tenant to pay a fixed rent and an additional amount representing a percentage of the increase in operating expenses. The lease provides that the landlord is obligated to furnish the tenant with statements relating to this additional rent and further provides as follows:

"The...

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