Female Academy of Sacred Heart v. Doane Stuart School
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Mercure, A.EJ.
*1255While a lease embodying those terms was never executed,1 defendant nevertheless rented the property. By 2000, defendant owed over $500,000 in back rent, forcing Sacred Heart to advance funds to the Female Academy for maintenance of the property. In an effort to resolve the situation, the parties executed a loan forgiveness agreement and a lease running through 2012, with Sacred Heart agreeing to forgive a portion of the debt for every month that defendant timely paid rent. Both the lease and the loan forgiveness agreement could he terminated by plaintiffs in the event of…
2Cases cited20 opinions
- Joseph Martin, Jr., Delicatessen, Inc. v. SchumacherNew York Court of Appeals · 1981
- Cobble Hill Nursing Home, Inc. v. Henry & Warren Corp.New York Court of Appeals · 1989
- Express Industries & Terminal Corp. v. New York State Department of TransportationNew York Court of Appeals · 1999
- 166 Mamaroneck Ave. Corp. v. 151 East Post Road Corp.New York Court of Appeals · 1991
- Church of God of Prospect Plaza v. Fourth Church of ChristNew York Court of Appeals · 1981
15 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Mosdos Chofetz Chaim, Inc. v. RBS Citizens, N.A.District Court, S.D. New York · 2014
- Congregation Beth Medrosh of Monsey, Inc. v. Rolling Acres Chestnut Ridge, LLCAppellate Division of the Supreme Court of the State of New York · 2012
- Congregation Beth Medrosh of Monsey, Inc. v. Rolling Acres Chestnut Ridge, LLCAppellate Division of the Supreme Court of the State of New York · 2012
- Doller v. PrescottAppellate Division of the Supreme Court of the State of New York · 2018
- Matter of Congregation Shaare Zedek v. LeventhalAppellate Division of the Supreme Court of the State of New York · 2018
3 more not listed; retrieve them via the Exa API.