Cooper Union for Advancement of Science & Art v. New York University

OPINION OF THE COURT

Edward H. Lehner, J.

Before the court are motions by both parties for summary judgment.

*562FACTS

By lease dated June 16, 1966 defendant, New York University (NYU), as owner of the premises at 3 Washington Square Village, rented apartment A-10 to: "The Cooper Union for the Advancement of Science and Art to be occupied by: Professor George Sadek”. The lease provided for a $365 monthly rental but stipulated that as long as "tenant continues in the employment of the landlord as a full time faculty member or administrator the rent shall be $292.50 per month.” The lease also granted…