By agreement dated January 11, 1982, defendant landlord entered into a lease with plaintiff's predecessor partnership for commercial space in a residential, cooperative building. This partnership was converted into a limited liability company in July 1995 and is the plaintiff herein. The agreement was an overlease, with nine tenants in occupancy at the time of the agreement.
The lease was for a 20-year term, with two 15-year renewal options. The annual rent was set...
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