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CORONA GRILL CORP. v. 1029 SIXTH, LLC

11 A.D.3d 282 (2004)

782 N.Y.S.2d 723

CORONA GRILL CORP., Respondent, v. 1029 SIXTH, LLC, Appellant.

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

October 14, 2004.

Pursuant to the terms of certain lease documents, defendant 1029 Sixth, LLC, landlord of premises located on Sixth Avenue in Manhattan, had the right, under certain circumstances, to terminate its lease with a tenant of those premises, plaintiff Corona Grill Corp. A modification of the lease agreement provides that in the event landlord intended to terminate the lease to either demolish or sell the premises, it would pay tenant a fee (Lease Termination Payment). The lease...

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