Lonergan v. Lippman

Appellant appeals the trial court’s grant of a final summary judgment of mortgage foreclosure to appellees. We agree that there was error and reverse. The facts are complex. Appellees were the owner/landlords and Sandpiper Properties, Inc., the tenants of a building under a lease which expired December 1,1975. This lease granted Sandpiper an option to renew the lease for 50 years. Sandpiper subleased part of the leased premises to appellant for his business for a term expiring on November 30, 1975; this sublease contained an option to renew for 25 years if Sandpiper renewed its lease for at…