Levin v. Nedelman

This suit grows out of an attempt by the complainant to recapture a lease and an option to purchase a store and premises owned by her at 1801 Atlantic Avenue, Atlantic City, New Jersey. The option is a component of the lease instrument, executed by the complainant in favor of the defendant July 14th, 1944. Before its execution, a printed covenant prohibiting any assignment or subletting was deleted and a provision granting the lessee an option to purchase the premises demised at any time on or before August 1st, 1946, for $20,000 was added. The term of the lease was five years, with the…