Reading Terminal Merchants Ass'n v. Samuel Rappaport Associates

BECK, Judge:

In this consolidated action we are asked to determine the obligations of hold over tenants after they have been notified of a change in the terms of their lease but before they have agreed to that change.

The facts, largely stipulated by the parties, relate to the area in Philadelphia between Arch and Filbert streets, at Twelfth street, popularly known as the Reading Terminal Market. The Reading Terminal merchants have contributed variety and color to the city’s downtown area since before the turn of the present century, offering an abundance of excellent fresh foods and unusual…