London v. Joslovitz

Plaintiff was the lessee of certain business property owned by defendant under a lease which expired on February 28,1951. The rental was $373.33 per month, plus some tax payments. The lease contained an option to purchase which is the subject of this litigation between the parties. The plaintiff contends that the option is absolute and seeks specific performance and a conveyance of the premises. Defendant contends the option was a conditional one and amounted only to a “ first refusal.” We are not concerned with the merits of that litigation which is pending and cannot be tried at the…