OPINION OF THE COURT
SULLIVAN, J.
This appeal presents the issue of whether plaintiffs, the successor landlords to which the three subject properties had been surrendered when defendants, the net lessees, defaulted on their lease obligations, have a private right of action under General Obligations Law § 7-105 to recover the tenants' security deposits.
On June 19, 2001, defendant Prime Eastside Holdings, LLC entered into 50-year net leases with...
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