Molos Restaurants, Inc. v. Sayegh Management Co.

—In an action, inter alia, for specific performance of an option to purchase real property contained in a lease agreement, the plaintiff appeals from a judgment of the Supreme Court, Putnam County (Sweeny, J.), ' dated September 8,1998, which, after a nonjury trial, dismissed the action.

Ordered that the judgment is affirmed, with costs.

It is well settled that the term “first option” to purchase means the right of first refusal, and that it is not an absolute option to purchase (see, R. I. Realty Co. v Terrell, 254 NY 121, 124-125; Blau-Par Corp. v Reliance Chem. Corp., 170 AD2d 811, 812-813).…