LATHAM LAND I LLC v. TGI FRIDAY'S INC.

518069.

124 A.D.3d 957 (2015)

LATHAM LAND I LLC, Appellant, v. TGI FRIDAY'S INC., Respondent.

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

Decided January 8, 2015.


In 2007, the parties entered into a contract providing that defendant would construct and operate a restaurant on property owned by plaintiff in the Town of Colonie, Albany County. The contract contemplated that defendant would lease the property for at least 10 years. Defendant failed to build the restaurant and, in 2008, announced that...

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