FORDHAM PARADISE, LLC v. ABI PROPERTY PARTNERS, LP XXVI


306 A.D.2d 178 (2003)

763 N.Y.S.2d 547

FORDHAM PARADISE, LLC, et al., Appellants, v. ABI PROPERTY PARTNERS, LP XXVI, Respondent.

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

Decided June 24, 2003.


Although plaintiff Paradise, the former tenant of the subject premises, apparently made considerable expenditures in improving the premises, it defaulted on its rent, was evicted from the premises and presently has no legal interest therein. Under the so-ordered stipulation that terminated the eviction proceeding, Paradise's coplaintiff, assignee and apparent alter ego, plaintiff Fordham, was given an option to purchase the premises, which it failed to exercise. Fordham now...

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