From Casetext: Smarter Legal Research

ITT Sheraton Corp. v. 801 Seventh Avenue, Inc.

Appellate Division of the Supreme Court of New York, First Department
Jun 16, 1992
184 A.D.2d 329 (N.Y. App. Div. 1992)

Opinion

June 16, 1992

Appeal from the Supreme Court, New York County (Eugene Nardelli, J.).


The lease in question unambiguously provides for arbitration of the instant dispute concerning the valuation of land. We will not interfere with the arbitrator's broad authority to resolve the dispute (see, Matter of 166 Mamaroneck Ave. Corp. v. 151 E. Post Rd. Corp., 78 N.Y.2d 88). Moreover, the arbitrators here are uniquely qualified professionals highly competent in the area of land valuation.

We decline the invitation to address the issue of prejudgment interest. The issue is premature.

Concur — Sullivan, J.P., Carro, Kassal and Smith, JJ.


Summaries of

ITT Sheraton Corp. v. 801 Seventh Avenue, Inc.

Appellate Division of the Supreme Court of New York, First Department
Jun 16, 1992
184 A.D.2d 329 (N.Y. App. Div. 1992)
Case details for

ITT Sheraton Corp. v. 801 Seventh Avenue, Inc.

Case Details

Full title:ITT SHERATON CORPORATION, Appellant, v. 801 SEVENTH AVENUE, INC.…

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

Date published: Jun 16, 1992

Citations

184 A.D.2d 329 (N.Y. App. Div. 1992)

Citing Cases

City of N.Y. v. FC 42nd St. Assocs., L.P.

Order, Supreme Court, New York County (Charles E. Ramos, J. J.), entered on or about May 2, 2018, which…