112 WEST 34TH STREET ASSOCIATES L.L.C. v. 112-1400 TRADE PROPS. LLC

650146/12, 12766A, 12766, 12765.

118 A.D.3d 543 (2014)

988 N.Y.S.2d 159

2014 NY Slip Op 4429

112 WEST 34TH STREET ASSOCIATES L.L.C., Respondent, v. 112-1400 TRADE PROPERTIES LLC, Appellant.

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

Decided June 17, 2014.


In 1963, plaintiff's predecessors-in-interest, as lessee, and defendant's predecessor-in-interest, as lessor, entered into a lease of certain property with an initial term of 30 years and, at the lessee's option, eight renewal terms of 10 or 11 years each, through June 10, 2077. The lease provided that at any time, lessee could renew for one or more of the renewal terms so long as lessee provided written notice to lessor at least two years before expiration of the then-current...

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