Krax Peripatie Apanu Stu Krokodrilos Tus Platos Ltd. v. Dexter

OPINION OF THE COURT

Edward H. Lehner, J.

The basic issue presented on the motions before the court is whether a loft tenant has the right, which has been statutorily denied to all other residential tenants, to assign a lease in violation of its terms.

Here the tenant, who was an occupant of a residential loft subject to article 7-C of the Multiple Dwelling Law (the Loft Law), advised the landlord on August 12, 1983 that he: i) wished to assign his lease; ii) had been offered $19,000 for his improvements by the proposed assignee; and iii) pursuant to subdivision 6 of section 286 of the Multiple…