Legal Opinion
Gulf Oil Corp. v. Buram Realty Co.
New York Court of Appeals
Decided April 26, 1962PublishedCited by 19 opinions
1Opinion of the CourtBurke, J.
The question to be answered is whether a purchase option clause in a lease which could be exercised ‘ ‘ at any time during the term of this lease ” became part of 22 successive extension agreements which were entered into after the expiration of the original term of the lease as amended.
The courts below have properly held that it did not.
The last extension agreement, just as each of the 20 previous extension agreements, referred specifically “ to that certain lease agreement covering the above premises ” and purported to further extend ‘ ‘ the term of this lease ’ ’. Each specified that…
2Cases cited5 opinions
- Masset v. . RuhNew York Court of Appeals · 1923
- Jones & Brindisi, Inc. v. BreslawNew York Court of Appeals · 1928
- Matter of Harvey Holding Corp. (Satter)New York Court of Appeals · 1947
- New York Business Buildings Corp. v. James McCutcheon & Co.Appellate Division of the Supreme Court of the State of New York · 1930
- New York Business Buildings Corp. v. James McCutcheon & Co.New York Court of Appeals · 1931
3Cited by19 opinions
- Peter-Michael, Inc. v. Sea Shell AssociatesSupreme Court of Connecticut · 1998
- Jefpaul Garage Corp. v. Presbyterian HospitalNew York Court of Appeals · 1984
- Fresh Pond Road Associates v. Estate of SchachtAppellate Division of the Supreme Court of the State of New York · 1986
- In Re TouloumisUnited States Bankruptcy Court, S.D. New York · 1994
- Dime Savings Bank of New York, FSB v. Montague Street Realty AssociatesNew York Court of Appeals · 1997
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