GODNIG v. BELMONT REALTY CO., INC.


124 A.D.2d 701 (1986)

Paul Godnig, Doing Business as "Country Collection", Respondent, v. Belmont Realty Co., Inc., Also Known as Belmont Real Estate Co., Inc., et al., Appellants

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

November 17, 1986


Ordered that the order is affirmed, with costs.

The plaintiff rented the subject commercial premises in April 1980 from the defendants' predecessor in interest. In 1983, the defendants purchased the property, subject to the plaintiff's lease. The original term of the lease was for five years and provided the tenant with an option to renew for an additional five-year term at increased rent. In order to exercise the option...

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