Legal Opinion
Conditioner Leasing Corp. v. Sternmor Realty Corp.
Appellate Division of the Supreme Court of the State of New York
Decided March 9, 1965PublishedCited by 1 opinion
1Opinion of the CourtSteuer, J.
Plaintiff is the assignee of Atlantic Stove & Conditioning Corp. The latter company, on October 18,1963, leased 125 air-conditioning units to 339 E. 51st Street Corp., the owner of a building located at that address. The lease was for a period of five years at a stipulated monthly rental. The lease provided that the units were not to become part of the realty and were at all times to remain the property of the lessor. The lease contained an acceleration clause providing that in the event of default in the payment of the rental, which default was not cured within 10 days upon demand, the…
2Cases cited7 opinions
- Langel v. BetzNew York Court of Appeals · 1928
- Title Guarantee & Trust Co. v. 457 Schenectady Avenue, Inc.New York Court of Appeals · 1932
- Frank v. New York, Lake Erie & Western RailroadNew York Court of Appeals · 1890
- Belnord Realty Co. v. LevisonAppellate Division of the Supreme Court of the State of New York · 1923
- General Meter Service Corp. v. Manufacturers Trust Co.New York Supreme Court · 1943
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3Cited by1 opinion
- Fifty States Management Corp. v. Pioneer Auto Parks, Inc.Appellate Division of the Supreme Court of the State of New York · 1978