The IAS Court properly determined that plaintiff's exercise of its 30-day lease option in February, 1991, more than three months after the option had expired, was untimely and of no effect and that plaintiff's demand that the defendant find a substitute tenant willing to rent the subject apartment "as is" subject to the apartment restoration rider in the parties' lease, was an invalid, unilateral attempt by the plaintiff to orally modify the parties' lease in violation of...
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