404 PARK PARTNERS, L.P. v. LERNER

2988, 600605/09.

75 A.D.3d 481 (2010)

906 N.Y.S.2d 36

404 PARK PARTNERS, L.P., Respondent, v. JACK LERNER et al., Defendants, and ANITA GROSSBERG, Appellant.

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

Decided July 27, 2010.


Defendants were guarantors of the tenant's obligations to landlord plaintiff. Defendants Miller and Grossberg signed a guaranty in connection with the lease extension in 2003. In 2005, when the lease was again extended under terms that significantly escalated the rent, the guaranty was then signed by defendants Miller and Lerner.

A guaranty of a tenant's obligations under a lease must be strictly interpreted in order to...

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