Terminal Central, Inc. v. Henry Modell & Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Sullivan, J.
By agreement dated May 17, 1979, plaintiff Terminal Central, Inc. (TCI) leased from Regency-Lexington Partners commercial space, i.e., a portion of the ground floor and basement within the Grand Hyatt Hotel located at 109 East 42nd Street in the Borough of Manhattan. In early 1986, Henry Modell & Company, Inc., another commercial tenant in the building, required more space and entered into negotiations with the landlord Regency. At the same time, Modell and TCI entered into an agreement, dated April 25, 1986, whereby TCI, in consideration of $1,725,000 payable…
2Cases cited10 opinions
- Johnston v. . FargoNew York Court of Appeals · 1906
- Boll v. Sharp & Dohme, Inc.Appellate Division of the Supreme Court of the State of New York · 1953
- Swain v. . SchieffelinNew York Court of Appeals · 1892
- Weld v. . Postal Telegraph-Cable Co.New York Court of Appeals · 1910
- Boll v. Sharp & Dohme, Inc.New York Court of Appeals · 1954
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- State Farm Fire & Casualty Co. v. Southtowns Tele-Communications, Inc.Appellate Division of the Supreme Court of the State of New York · 1997
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