Legal Opinion
Murray Hill Mews Owners Corp. v. Rio Restaurant Associates L.P.
Appellate Division of the Supreme Court of the State of New York
Decided February 7, 2012PublishedCited by 5 opinions
1Opinion of the Court
*454There is no ambiguity in the rent escalation clause of the parties’ lease (see Greenfield v Philles Records, 98 NY2d 562, 569-570 [2002]). Pursuant to the plain terms of the clause, the fixed rental is a changing, not static, figure to be used in determining annual rent increases, including increases based on changes in the consumer price index. This interpretation of the clause best accords with the remainder of the lease (see Rentways, Inc. v O’Neill Milk & Cream Co., 308 NY 342, 347 [1955]). Further, when viewing the parties’ course of conduct — including respondent’s consistent payment…
2Cases cited4 opinions
- Greenfield v. Philles Records, Inc.New York Court of Appeals · 2002
- George Backer Management Corp. v. Acme Quilting Co.New York Court of Appeals · 1978
- Rentways, Inc. v. O'Neill Milk & Cream Co.New York Court of Appeals · 1955
- CBS Inc. v. P.A. Building Co.Appellate Division of the Supreme Court of the State of New York · 1994
3Cited by5 opinions
- Soldiers', Sailors', Marines' & Airmen's Club, Inc. v. Carlton Regency Corp.Appellate Division of the Supreme Court of the State of New York · 2012
- Garry v. Ryan & Henderson, P.C.Nassau County District Court · 2016
- River Park Residences, LP v. Richman Plaza Garage Corp.Appellate Terms of the Supreme Court of New York · 2017
- Toys "R" Us-Delaware, Inc. v. 44-45 Broadway Realty Co.Appellate Division of the Supreme Court of the State of New York · 2013
- Toys "R" Us-Delaware, Inc. v. 44-45 Broadway Realty Co.Appellate Division of the Supreme Court of the State of New York · 2013