DARNET REALTY ASSOCS. v. 136 E. 56TH ST. OWNERS, INC.


246 A.D.2d 312 (1998)

668 N.Y.S.2d 156

Darnet Realty Associates, LLC, as Successor in Interest to Darnet Realty Associates, et al., Appellants, v. 136 East 56th Street Owners, Inc., et al., Respondents

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

January 6, 1998


The language of the commercial master lease is unambiguous in stating that "Landlord shall look solely to Tenant's interest in the leasehold estate for the satisfaction of the remedies of Landlord in the event of a breach by tenant of any of the covenants or conditions of this Lease." Defendants, therefore, have no recourse against plaintiff's interest in the shares of the cooperative corporation allocable to the unsold residential units. The cooperative's by-law provision...

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