Di Maria v. Michaels

Judgment unanimously affirmed, without costs. Memorandum: On November 1, 1979 appellant Helen Michaels and respondent entered into a five-year lease agreement with respect to premises owned by her. One of the terms of the lease *677was as follows: “The parties further agree that the parties of the second part herein shall have first option to buy said premises at a price to be agreed upon in the event the party of the first part places the premises for sale.” Learning that appellant had contracted to sell the premises to a third party for $14,000, respondent notified her of his intention to…