Ordered that the order is affirmed, with costs.
The subject lease included both an option for the plaintiff to purchase the leased premises for a purchase price of $450,000, as well as a right of first refusal. In April 2004 the defendants received a bona fide third-party offer to purchase the leased premises for a purchase price of $1,200,000 and so notified the plaintiff. Rather than exercise its right of first refusal, however, the plaintiff elected instead to...
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