Legal Opinion
Park Square Garage, Inc. v. New York University
Appellate Division of the Supreme Court of the State of New York
Decided May 25, 1967PublishedCited by 3 opinions
1Opinion of the CourtMcNally, J.
In this action on submitted facts there is presented the question of plaintiff tenant’s liability for additional rent. Plaintiff is in possession of a subsurface parking facility located in the area known as Washington Square Village. The lease therefor, dated November 6, 1958, is for 15 years, commencing January 10,1959. The annual rental is $115,000.08, plus a percentage of annual gross income. The tenant is also required to pay as additional rent the increase over the base year of real estate taxes in respect of the leased premises. The original tenant assigned the lease to plaintiff.…
2Cases cited1 opinion
- Wendel Foundation v. Moredall Realty Corp.New York Court of Appeals · 1940
3Cited by3 opinions
- Ran First Associates v. 363 East 76th Street Corp.Appellate Division of the Supreme Court of the State of New York · 2002
- Whitman Owner Corp. v. 75 Henry Street Garage, Inc.Appellate Division of the Supreme Court of the State of New York · 1977
- Barnan Associates LLC v. 196 Owners Corp.New York Court of Appeals · 2010