Grand Central Building, Inc. v. New York & Harlem Railroad
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtEvans, J.
The facts are that Grand Central Building, Inc. ("Grand Central Building”), a New York corporation, is the lessee of certain lands from New York State Realty & Terminal Company ("Realty”), under a lease effective November 1, 1959. Realty’s interest derived from Harlem Railroad ("Harlem”) (90%) and New York Central ("Central”) (10%). Realty acted as lessor on behalf of Harlem and Central until December, 1962, when it merged into Despatch Shops, Inc. ("Despatch”). Under the lease, Grand Central Building was required to pay rent according to various formulae which are not subject to our…
2Cases cited4 opinions
- Metropolitan Life Ins. v. Murel Holding Corp.Court of Appeals for the Second Circuit · 1935
- General Aniline & Film Corp. v. Bayer Co.New York Court of Appeals · 1953
- Admiral, Corp. v. Reines Distributors, Inc.Appellate Division of the Supreme Court of the State of New York · 1959
- Admiral Corp. v. Reines Distributors, Inc.New York Court of Appeals · 1960
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