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ZARR v. RICCIO

180 A.D.2d 734 (1992)

Edward Zarr et al., Respondents, v. Dennis Riccio et al., Defendants, and Evelyn Tobias et al., Appellants

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

February 18, 1992

Ordered that the order is affirmed, with costs.

In 1978, the plaintiffs and the defendant S.I. Homes Corp. (hereinafter Homes) entered into a 10-year lease for a two-family home in Staten Island. The lease gave the plaintiffs an option to purchase the property provided they were not in default of the lease. When the plaintiffs notified Homes of their intention to exercise their option to purchase the property, Homes refused...

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