Trustees of Columbia University v. Nathan Kalvin

In two other actions between the same parties on leases similar to the one which is the basis of the complaint herein (Trustees of Columbia University v. Kalvin, 250 N. Y. 469), it was held- “ At the expiration of the lease the tenant remained in possession. He had a right to do so until the completion of the appraisal and the choice by the landlord under its option to grant a new lease or pay for the building on the premises. For the use of the premises during such period ho is liable to the landlord for an amount equivalent to the rental reserved *776in the lease, and not for the amount fixed…