This action involves a long-standing dispute between the parties on the permissible formula for calculating rent increases during the life of the lease. Our holding here is based on the ruling in Avon Prods. v Solow (
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MATTER OF SOLOW
151 A.D.2d 342 (1989)
In the Matter of the Arbitration between Sheldon H. Solow, Doing Business as Solow Building Company, Respondent, and Avon Products, Inc., Appellant
Appellate Division of the Supreme Court of the State of New York, First Department.https://leagle.com/images/logo.png
June 20, 1989
June 20, 1989
Appellate Division of the Supreme Court of the State of New York, First Department.
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