Fera v. Village Plaza, Inc.

Defendants Village Plaza, Inc., Fairborn Property Co., Inc., Schostak Brothers & Company, Inc., and Bank of the Commonwealth appeal a jury verdict awarding plaintiffs Frank and Anthony Fera $200,000 for breach of a lease.

On January 14, 1965 plaintiffs Frank and Anthony Fera signed an "intent to lease” and deposited $1,000 as security on a location in Fairborn’s proposed Village Plaza shopping mall. On August 20, 1965, plaintiffs and agents of Fairborn-Village Plaza executed a ten-year lease, for a "book and bottle” shop at a certain contested location in the mall at $1,000 minimum monthly…