Wallace v. 600 Partners Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Tom, J.
Petitioners-respondents landlords William F. Wallace and Marie Powers (the Landlords) are trustees pursuant to a Declaration of Trust dated December 30, 1955 and own the fee between 57th and 58th Streets on the westerly side of Madison Avenue, New York, New York (designated as 600 Madison Avenue [the Premises]). Respondent-appellant 600 Partners Co. (Tenant) is a New York limited partnership which leased the Premises pursuant to a ground lease (the Lease) executed in July 1960.
The Lease provides a total possible term of 99 years, with an initial 33-year term running…
2Cases cited21 opinions
- Breed v. Insurance Co. of North AmericaNew York Court of Appeals · 1978
- Chimart Associates v. PaulNew York Court of Appeals · 1986
- Hartford Accident & Indemnity Co. v. WesolowskiNew York Court of Appeals · 1973
- George Backer Management Corp. v. Acme Quilting Co.New York Court of Appeals · 1978
- Bethlehem Steel Co. v. Turner Construction Co.New York Court of Appeals · 1957
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3Cited by17 opinions
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- Georgia-Pacific Consumer Products, LP v. International Paper Co.District Court, S.D. New York · 2008
- New York Overnight Partners, L. P. v. GordonAppellate Division of the Supreme Court of the State of New York · 1995
- 1009 Second Avenue Associates v. New York City Off-Track Betting Corp.Appellate Division of the Supreme Court of the State of New York · 1998
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