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120 Bay Street Realty Corp. v. City of New York

Court of Appeals of the State of New York
Jun 8, 1978
44 N.Y.2d 907 (N.Y. 1978)

Opinion

Argued May 1, 1978

Decided June 8, 1978

Appeal from the Appellate Division of the Supreme Court in the Second Judicial Department, THEODORE G. BARLOW, J.

Daniel Cohen for appellant.

Allen G. Schwartz, Corporation Counsel (Leonard Olarsch and L. Kevin Sheridan of counsel), for respondent.


MEMORANDUM.

The order appealed from should be reversed, with costs, and summary judgment granted in favor of the plaintiff, declaring that defendant occupies the subject premises as a month-to-month tenant rather than as a tenant under a valid and existing lease. We find as a matter of law that the letter of June 2, 1975 was merely an expression of intent to exercise the option to renew the lease at some future time, and was not in and of itself an exercise of that option. Since no further steps were taken by defendant prior to the expiration of the option clause in the lease, the option was never exercised prior to its termination. In view of this conclusion, we do not reach any of the other issues argued by the parties.

Chief Judge BREITEL and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and COOKE concur.

Order reversed, with costs, and summary judgment granted in favor of plaintiff in accordance with the memorandum herein.


Summaries of

120 Bay Street Realty Corp. v. City of New York

Court of Appeals of the State of New York
Jun 8, 1978
44 N.Y.2d 907 (N.Y. 1978)
Case details for

120 Bay Street Realty Corp. v. City of New York

Case Details

Full title:120 BAY STREET REALTY CORP., Appellant, v. CITY OF NEW YORK, Respondent

Court:Court of Appeals of the State of New York

Date published: Jun 8, 1978

Citations

44 N.Y.2d 907 (N.Y. 1978)
407 N.Y.S.2d 639
379 N.E.2d 167

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