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BROWN v. ESTATE OF ROSENSTOCK

161 A.D.2d 221 (1990)

Arthur Brown, Respondent, v. Estate of Leo M. Rosenstock, Deceased, et al., Appellants

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

May 3, 1990

Petitioner-respondent tenant is the net lessee of a building at 248 East 44th Street in Manhattan pursuant to a lease agreement executed in 1962, with the lease term to run for 25 years at a fixed annual rent. It was renewable in 1987 for a term of 21 years with the rent to be calculated at 6% of the value of the land as vacant and unimproved, which value, in the event of disagreement, was to be determined by appraisers selected...

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