METROPOLITAN TRANSPORTATION AUTHORITY v. KURA RIVER MANAGEMENT, LTD.


292 A.D.2d 230 (2002)

739 N.Y.S.2d 668

METROPOLITAN TRANSPORTATION AUTHORITY, Appellant, v. KURA RIVER MANAGEMENT, LTD., Respondent.

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

Decided March 14, 2002.


Petitioner's claim, that it properly terminated this valuable 50-to-100-car garage lease with 27 years remaining on the term because of the tenant's alleged failure to acquire and maintain the required kind of insurance, was properly rejected by the trial court and the majority at Appellate Term on the ground that the notice of default had not given adequate notice of such claim, even when we apply the liberal standard of "reasonableness" (cf., Hughes v Lenox Hill Hosp...

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