Capital Film Laboratories, Inc. v. Heller

HAVERFIELD, Judge.

Plaintiff-purchaser seeks review of an adverse final judgment in a case involving an option to purchase improved realty contained in a written lease. The lease was negotiated in 1964 between plaintiff and defendant’s predecessor in interest, Somerset Land, Inc. Somerset did not own the land in question at the time the original parties negotiated the lease, but had access to it. The agreement reached between plaintiff and Somerset stated that plaintiff would advance money to Somerset who would in turn purchase the property and construct a building that would be leased to…