Cobalt Blue Corp. v. 184 W. 10th Street Corp.

Milonas, J. P.,

dissents in a memorandum as follows: In my opinion, the order being appealed herein should be affirmed. In that regard, the subject lease states that:

"60 (a) Tenant shall have an option to renew this lease for a term of five (5) years upon the same terms and conditions as are provided herein except that the rental during said first renewal term shall be as follows: [annual and monthly rents are specified for each of the next five years].

"(b) Tenant shall have the further option to renew this lease for an additional term of five (5) years upon the same terms *456and conditions as…