269 Fulton Corp. v. H.A.B. Realty Associates

The plaintiff, 269 Fulton Corp., is the tenant of certain premises owned by H.A.B. Realty Associates. The premises are subject to a lease entered into in 1948 by both the defendant’s and the plaintiff’s predecessors in interest. The lease states that it is to expire in the year 2001. Also, the lease requires that any tenant assigning its interest under the lease is to provide the landlord with an "assumption” by the assignee of the obligations under the lease. In the case of a sublease by the tenant, however, the tenant only has to provide the landlord with a "duplicate original” of the…