From Casetext: Smarter Legal Research

Theatre Row Phase II Associates v. City of New York

Appellate Division of the Supreme Court of New York, First Department
Dec 9, 2003
2 A.D.3d 187 (N.Y. App. Div. 2003)

Opinion

2402.

Decided December 9, 2003.

Order and judgment (one paper), Supreme Court, New York County (Joan Madden, J.), entered on or about March 21, 2002, which, inter alia, dismissed the complaint, denied plaintiff's motion for summary judgment and granted defendant's cross motion for summary judgment on its third counterclaim, unanimously affirmed, without costs.

David C. Burger, for Plaintiff-Appellant.

Drake A. Colley, for Defendant-Respondent.

Before: Rosenberger, J.P., Lerner, Friedman, Marlow, JJ.


"Additional rent" was based, in part, on a portion of profits, which consisted of gross revenue less expenses. In determining the profit factor, the IAS court correctly interpreted the unambiguous language of the lease as limiting the tenant's right to include as expenses for a given fiscal year the management fees actually paid in that same fiscal year.

Plaintiff's other contentions are unavailing since they are based upon a misreading of the order. No money judgment has been awarded. The City's third counterclaim merely sought declaratory relief that the lease had been breached, and that is all the IAS court has granted.

THIS CONSTITUTES THE DECISION AND ORDER OF THE SUPREME COURT, APPELLATE DIVISION, FIRST DEPARTMENT.


Summaries of

Theatre Row Phase II Associates v. City of New York

Appellate Division of the Supreme Court of New York, First Department
Dec 9, 2003
2 A.D.3d 187 (N.Y. App. Div. 2003)
Case details for

Theatre Row Phase II Associates v. City of New York

Case Details

Full title:THEATRE ROW PHASE II ASSOCIATES, Plaintiff-Appellant, v. THE CITY OF NEW…

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

Date published: Dec 9, 2003

Citations

2 A.D.3d 187 (N.Y. App. Div. 2003)
767 N.Y.S.2d 773