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

379 N.E.2d 167, 44 N.Y.2d 907, 44 N.Y. 907, 407 N.Y.S.2d 639, 1978 N.Y. LEXIS 2096
CourtNew York Court of Appeals
DecidedJune 8, 1978
StatusPublished
Cited by5 cases

This text of 379 N.E.2d 167 (120 Bay Street Realty Corp. v. City of New York) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
120 Bay Street Realty Corp. v. City of New York, 379 N.E.2d 167, 44 N.Y.2d 907, 44 N.Y. 907, 407 N.Y.S.2d 639, 1978 N.Y. LEXIS 2096 (N.Y. 1978).

Opinion

OPINION OF THE COURT

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.

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Bluebook (online)
379 N.E.2d 167, 44 N.Y.2d 907, 44 N.Y. 907, 407 N.Y.S.2d 639, 1978 N.Y. LEXIS 2096, Counsel Stack Legal Research, https://law.counselstack.com/opinion/120-bay-street-realty-corp-v-city-of-new-york-ny-1978.