Young & Rubicam L.P. v. Gramercy Court Associates

— Order and judgment (one paper), Supreme Court, New York County (Myriam J. Altman, J.), entered June 12, 1992, granting plaintiffs’ motion for summary judgment and awarding them damages of $823,780.99, inclusive of interest and costs and disbursements, unanimously reversed, on the law, and the motion denied, without costs or disbursements.

The landlord (defendants) rebuilt and renovated an office building, which was to be entirely occupied by the tenant (plaintiffs). In accordance with the lease, the tenant was to be responsible for construction costs over $8,450,000 in the work required for…