From Casetext: Smarter Legal Research

Casale v. East River Towers Company

Appellate Division of the Supreme Court of New York, First Department
Feb 25, 1986
117 A.D.2d 554 (N.Y. App. Div. 1986)

Opinion

February 25, 1986

Appeal from the Supreme Court, New York County (Ascione, J.).


Order of the same court, entered March 19, 1985, which denied plaintiff's motion to modify the order entered November 30, 1984, and denied defendant's cross motion for leave to renew and reargue the prior motion for summary judgment, affirmed, without costs.

Plaintiff's motion for an order amending the record on appeal is granted, without costs.

The key to summary judgment is issue finding, rather than issue determination. It is a drastic remedy, and should not be lightly granted. (Sillman v. Twentieth Century-Fox Film Corp., 3 N.Y.2d 395, 404.) We believe Special Term improvidently granted partial summary judgment to plaintiff, since the critical contractual language raises a question as to the true intention of the parties. Paragraph 22 of rider II to plaintiff's lease provides in relevant part: "Landlord agrees that if the building of which the demises [sic] premises forms a part is converted either to a condominium or a cooperative, then Landlord shall offer the Tenant the right to purchase the demised premises for the sum offered in the offering memorandum" (emphasis added).

The record indicates that the sponsor, defendant East River Towers Company, filed first an eviction offering plan, then a first amendment and a restated, noneviction offering plan, each of which contained a different insider's (tenant) and outsider's (nontenant) purchase price. A triable issue of fact is presented as to which of the offering memoranda, and which of the sums contained therein, the parties intended to be applicable. We cannot agree with Special Term that the parties could only reasonably have contemplated the price available to residential tenants under paragraph 22 of the lease. Plaintiff was the sole commercial lessee in the building and, but for the quoted lease provision, had no right to purchase under rent control or rent stabilization laws. Moreover, the ambiguities in the terms of the quoted lease provision were drafted by the plaintiff's representative. Finally, plaintiff's cross appeal raises an issue of fact as to which of the sums set forth in the offering memoranda applies. Therein, Dr. Casale challenges Special Term's refusal to modify its order to hold that he is entitled to purchase at the lower insider price of the short-lived eviction offering plan rather than at the one set forth in the later noneviction plan.

Concur — Sullivan, J.P., Carro, Asch, Kassal and Rosenberger, JJ.


Summaries of

Casale v. East River Towers Company

Appellate Division of the Supreme Court of New York, First Department
Feb 25, 1986
117 A.D.2d 554 (N.Y. App. Div. 1986)
Case details for

Casale v. East River Towers Company

Case Details

Full title:JOHN B. CASALE, JR., Respondent-Appellant, v. EAST RIVER TOWERS COMPANY et…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Feb 25, 1986

Citations

117 A.D.2d 554 (N.Y. App. Div. 1986)

Citing Cases

Lep Transport, Inc. v. Renaissance International Textiles, Ltd.

At the outset, it should be noted that in view of the holding of this court that Renaissance has no valid…

F.G.F. Enterprises Corp. v. Crown Wisteria

While we note that the use of the disjunctive "or" in analogous portions of the deed would indicate that the…