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SOUTH PETERS PLAZA, INC. v. P.J., INC.

No. 2005-CA-1050.

933 So.2d 876 (2006)

SOUTH PETERS PLAZA, INC. v. P. J., INC., William Colacurcio, Jr., The Estate of William "Bill" Colacurcio, III and Kristi Colacurcio.

Court of Appeal of Louisiana, Fourth Circuit.

May 31, 2006.

Attorney(s) appearing for the Case

Henry L. Klein, Klein-Daigle, LLC, and Leonard L. Levenson, Weigand & Levenson, New Orleans, Louisiana, for Plaintiff/Appellant.

Terrill W. Boykin, Kriste L. Talton, Bordenave Boykin & Ehret, New Orleans, Louisiana, for Defendant/Appellee, P.J. Inc.

(Court composed of Judge JAMES F. McKAY III, Judge TERRI F. LOVE, Judge LEON A. CANNIZZARO, JR.).

JAMES F. MCKAY III, Judge.

On May 2, 2000, South Peters Plaza, Inc. (lessee) entered into a five-year lease with P.J., Inc. (lessor) for property located at 941 Decatur Street in New Orleans at a monthly rental of $9,500.00 with an unrestricted option to renew for an additional five-year period on the same terms as the primary period and a first right of refusal.

On April 24, 2004, a fire occurred on the premises which rendered the property unusable for approximately...

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