AKRON MEATS, INC. v. 1418 KITCHENS, INC.


160 A.D.2d 242 (1990)

Akron Meats, Inc., Respondents, v. 1418 Kitchens, Inc., Appellant

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

April 5, 1990


Plaintiff Akron Meats, Inc. was the commercial tenant of storefront premises pursuant to a 15½-year lease with defendant's predecessor, for a term commencing July 1, 1977. Article 39 of the lease provided that the landlord or subsequent purchaser of the property had the option to cancel the lease, on six months' notice, in the event of the demolition, sale, or long-term net lease of the building. Upon such a termination, the landlord was to pay to the tenant a sum equal...

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