In re the Arbitration between Jack Kent Cooke, Inc. & Saatchi & Saatchi North America
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
—Order, Supreme Court, New York County (Stanley Parness, J.), entered March 14, 1995, which denied the petition to stay arbitration, unanimously reversed, on the law, and the petition is granted, with costs.
Under long-term commercial leases for several floors of two midtown Manhattan office buildings, the parties’ predecessors in interest agreed in 1978 upon a rent escalation formula whereby the tenant would share certain operating expenses of the property. Under this formula, the landlord would furnish annually a detailed written statement of such expenses, payment of which would be due…
2Cases cited6 opinions
- In re the Arbitration between the County of Rockland & Primiano Construction Co.New York Court of Appeals · 1980
- Sylvester v. BernsteinAppellate Division of the Supreme Court of the State of New York · 1954
- Sylvester v. BernsteinNew York Court of Appeals · 1954
- In re the Arbitration between New York Plaza Building Co. & Oppenheim, Appel, Dixon & Co.Appellate Division of the Supreme Court of the State of New York · 1984
- Silverstein Properties, Inc. v. Paine, Webber, Jackson & Curtis, Inc.Appellate Division of the Supreme Court of the State of New York · 1984
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- Stern v. BarneyAppellate Division of the Supreme Court of the State of New York · 2015
- Laszlo N. Tauber & Associates I, LLC v. American Management Ass'nAppellate Division of the Supreme Court of the State of New York · 2003
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