FRANKART FURNITURE STATEN ISLAND, INC. v. FOREST MALL ASSOCS.


159 A.D.2d 322 (1990)

Frankart Furniture Staten Island, Inc., as Assignee of Leonard Frankel, Respondent, v. Forest Mall Associates, Appellant

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

March 15, 1990


Plaintiff, Frankart Furniture Staten Island, Inc. (Frankart I), is in the business of retail furniture sales on a consignment basis in Staten Island, New York. Frankart Distributors, Inc. (Frankart II) is the actual owner of the furniture which is sold by Frankart I in a store leased from the defendant. Leonard Frankel and Bernard Frankel are the principals of both business entities. Because of flood damage to its premises beginning in May of 1983, Frankart I commenced an...

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