Legal Opinion

Silverstein Properties, Inc. v. Paine, Webber, Jackson & Curtis, Inc.

Appellate Division of the Supreme Court of the State of New York

Decided October 18, 1984PublishedCited by 9 opinions

1Opinion of the Court

— Order, Supreme Court, New York County (Louis Grossman, J.) entered April 2, 1984, denying petitioners’ motion to stay arbitration, reversed, on the law, with costs, and the motion to stay arbitration is granted.

Respondent, Paine, Webber, Jackson & Curtis, Inc. (Paine Webber) is a tenant in 120 Broadway, New York City, a building owned by Equitable Towers Associates and managed by Silver-stein Properties, Inc., the petitioners-appellants. In addition to a fixed rent, the lease requires Paine Webber to pay as additional rent a certain percentage of the increase in operating expenses in any…

2Cases cited3 opinions

  1. In re the Arbitration between the County of Rockland & Primiano Construction Co.New York Court of Appeals · 1980
  2. Werking v. Amity Estates, Inc.New York Court of Appeals · 1956
  3. In re the Arbitration between New York Plaza Building Co. & Oppenheim, Appel, Dixon & Co.Appellate Division of the Supreme Court of the State of New York · 1984

3Cited by9 opinions

  1. Galin Corporation and Petropak, Inc. v. MCI Telecommunications CorporationCourt of Appeals for the Fifth Circuit · 1994
  2. NL Industries, Inc. v. PaineWebber Inc.District Court, S.D. New York · 1989
  3. In re the Arbitration between Jack Kent Cooke, Inc. & Saatchi & Saatchi North AmericaAppellate Division of the Supreme Court of the State of New York · 1995
  4. Salomon Smith Barney Holdings, Inc. v. 7 World Trade Co.Appellate Division of the Supreme Court of the State of New York · 2000
  5. Fahs Construction Group, Inc. v. StateAppellate Division of the Supreme Court of the State of New York · 2014

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