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MATTER OF WATERSIDE REDEVELOPMENT COMPANY, L.P. v. DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT OF THE CITY OF NEW YORK

270 A.D.2d 87 (2000)

704 N.Y.S.2d 63

In the Matter of WATERSIDE REDEVELOPMENT COMPANY, L.P., Petitioner, v. DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT OF THE CITY OF NEW YORK et al., Respondents.

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

Decided March 14, 2000.

Petitioner is a City-Aided Limited Profit Housing Company under article 2 of the Private Housing Finance Law. It is the owner of the premises located at 30 Waterside Plaza and entered into a lease agreement with respondent, Rosenraich. This initial lease was subsequently extended at two year intervals with the most recent extension being dated January 27, 1997 and ending on March 31, 1999. The lease extension provided for a base monthly rent and utility charge of $1,141.26...

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