Plaintiff commenced this declaratory judgment action to determine whether it had properly exercised its option to renew the lease. Defendant/counterclaim plaintiff was the original lessee, which subsequently became landlord pursuant to an assignment. Plaintiff succeeded as tenant pursuant to a lease for 21 years, which contained an option to renew for three successive 21 year terms. Counterclaim defendant is the subtenant. By letter agreement dated January 27, 1970, plaintiff...
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