HEALTH-LOOM CORP. v. SOHO PLAZA CORP.


243 A.D.2d 317 (1997)

664 N.Y.S.2d 531

Health-Loom Corporation et al., Respondents, v. Soho Plaza Corporation et al., Appellants, et al., Defendants

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

October 16, 1997


In this action seeking, inter alia, enforcement of an option, the court properly denied defendants' motion for summary judgment with respect to the second cause of action. While the prime lessee's attorney did not have written authorization to bind said lessee (see, General Obligations Law § 5-703), questions of fact exist as to whether a stipulation signed by the prime lessee's attorney extending the time to close the exercise of the option was ratified...

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