Crown Management Corp. v. Goodman

DANAHY, Judge.

The parties dispute the correct interpretation of the rent escalation clause contained in paragraph 5 of their ninety-nine year lease agreement. The first sentence of that paragraph provides that rents shall be increased by the percentage increase, if any, in the level of the official consumer price index. The second sentence provides that each one point increase in the index shall represent a one percent increase in the lease rentals.

The lessee previously appealed an adverse decision of the trial judge to this court and we reversed. Crown Management Corp. v. Goodman, 452 So.2d…