55-05 Myrtle Avenue Realty Corp. v. Academy for Career Education Corp.

161 Misc. 2d 967, 615 N.Y.S.2d 808, 1994 N.Y. Misc. LEXIS 333
CourtCivil Court of the City of New York
DecidedJune 22, 1994
StatusPublished

This text of 161 Misc. 2d 967 (55-05 Myrtle Avenue Realty Corp. v. Academy for Career Education Corp.) is published on Counsel Stack Legal Research, covering Civil Court of the City of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
55-05 Myrtle Avenue Realty Corp. v. Academy for Career Education Corp., 161 Misc. 2d 967, 615 N.Y.S.2d 808, 1994 N.Y. Misc. LEXIS 333 (N.Y. Super. Ct. 1994).

Opinion

OPINION OF THE COURT

Charles A. LaTorella, Jr., J.

The petitioner, 55-05 Myrtle Avenue Realty Corp. (hereinafter referred to as MARC), is the owner of premises located at 55-05 Myrtle Avenue, Ridgewood, Queens County, New York.

On or about April 12, 1983, the premises were leased to Nokomis Corp. (hereinafter referred to as Nokomis). Thereafter, on or about October 1, 1985, the respondent, Academy for [968]*968Career Education Corp. (hereinafter referred to as ACE), subleased the entire second floor of the premises from Nokomis.

The original lease required substantial expense for the reconstruction of the second floor and the common areas. Such reconstruction was satisfactorily completed. In addition, the lease, under paragraph 5, required Nokomis to pay 5/20 of any increases in real estate taxes over the base year as additional rent.

Respondent ACE applied for a tax exemption from the New York City Department of Finance pursuant to the Industrial and Commercial Incentive Program (hereinafter referred to as ICIP). In November 1985, a preliminary certificate of eligibility was issued to respondent ACE granting such an exemption.

In August 1992, respondent ACE claimed that it was entitled to offsets from the monthly rental payments for damages to its premises. Petitioner claimed that it was entitled to payment of all tax arrears from the inception of the lease with only a pro rata deduction to the respondent due to the tax exemption under the ICIP.

Thereafter, petitioner served a demand for payment upon respondent and then a notice of petition and petition to commence a commercial nonpayment proceeding.

Each side moved for summary judgment. However, pursuant to an order dated July 28, 1993 (Berke, J.), the court directed that the caption was to be amended to include Nokomis as an additional respondent and that an amended notice of petition and petition be served. An amended notice of petition and petition were thereafter served.

The parties agreed that the outstanding summary judgment motions were to be considered still current and relevant to the amended proceeding. The sole issue on such motions was reduced to whether respondent ACE was entitled to the entire exemption under the ICIP or whether such exemption was to be applied to the entire building with each tenant to receive only a pro rata reduction of its lease obligation to pay real estate taxes. It was further agreed that petitioner could amend the petition to seek real estate taxes through the most recent tax years.

On March 21, 1994, the motions were resubmitted to the court. However, the file was misplaced and the parties were directed to reconstruct the file. The file was reconstructed and [969]*969the ad damnum clause of the amended petition was amended to include the 1992-1993 real estate tax years.

There are presently two motions before this court:

(1) Petitioner moves for summary judgment in the sum of $11,038 for real estate tax arrears based upon an interpretation of the ICIP which applies the exemption to the entire building thereby allowing respondent ACE only a pro rata reduction of its 5/20 share of the real estate taxes and for an inquest as to counsel fees; and

(2) Respondent ACE cross-moves for summary judgment based upon an interpretation of the ICIP which applies the exemption solely to itself thereby making it not responsible for its 5/20 share of the real estate taxes.

This court determines such motions as follows:

(1) the petitioner’s motion for summary judgment and for an inquest as to counsel fees is denied; and

(2) the respondent ACE’s cross motion for summary judgment is granted as the exemption under the ICIP inures solely to the eligible property, that is, the space rented by respondent ACE, and to the benefit of the applicant for and recipient of such exemption, that is, respondent ACE. The amended notice of petition and amended petition are dismissed.

Initially, this court notes that the sublease is subject to the overlease in all respects.

Paragraph 5 (a) of the lease between petitioner and Nokomis states, in pertinent part, that: "Tenant shall pay as additional rent, 5/20 of the increases in taxes (as such term is hereinafter defined) in excess of the taxes in effect for the fiscal year in which the Certificate of Occupancy is issued. The fractional share of the taxes to be paid by Tenant is based on an overall square footage of the building of 20,000 square feet and the Tenant’s occupied space of 5,000 square feet.”

Paragraph 5 (c) of such lease states, in pertinent part, that:

"Tenant shall have the right to contest any tax levied against the premises, by writ of certiorari, or otherwise, in the same manner as provided by law for the owner of the property to contest the same * * *
"In the event Landlord shall not elect to institute a tax contest as aforesaid, Tenant may contest such taxes in accordance with the provision of this subparagraph (c). The party instituting the tax contest shall, upon the receipt of a refund, if any, pay to the other party, their pro rata share of any net [970]*970refund. As used herein 'net refund’ shall mean the total refund plus interest, if any thereon less the reasonable attorney’s fees and appraisal fee, disbursements and costs of the proceeding.”

At first glance, such paragraph would seem to require a holding that respondent ACE would have to share its good fortune in reducing the taxes owed on its portion of the premises. However, this court finds that such a holding would violate public policy as it would circumvent the legislative intent behind the ICIP.

A review of the statute implementing the ICIP and the rules and regulations of the ICIP (cited as ICIR) is necessary.

Administrative Code of the City of New York, title 11, chapter 2, subchapter 2, part 4 sets forth the "tax exemption

AND DEFERRAL OF TAX PAYMENT FOR CERTAIN INDUSTRIAL AND COMMERCIAL PROPERTIES”.

"On November 5, 1984, the Mayor approved Local Law No. 71 for 1984 which created a new Industrial and Commercial Incentive Program (ICIP). The ICIP provides for partial exemption or deferral of taxation on eligible industrial or commercial buildings which are constructed, modernized, rehabilitated, expanded or otherwise physically improved. ICIP benefits are granted as of right to all applicants whose projects qualify under the provisions of the legislation.” (see, New York City Dept of Fin ICIP Regs, Program Description).

ICIR § 1.101 sets forth the purpose of the ICIP as follows:

"(a) These regulations implement the Industrial and Commercial Incentive Program authorized by Title 2-D of Article 4 of the Real Property Tax Law and established, in the City of New York, by Title 11, Chapter 2, [Subchapter 2,] Part 4 of the Administrative Code of the City of New York.
"(b) The program is created to encourage the construction or reconstruction of improvements to real property for use for industrial or commercial purposes by granting partial exemption or deferral of the additional real property taxes which would otherwise be payable as a result of construction or reconstruction.”

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161 Misc. 2d 967, 615 N.Y.S.2d 808, 1994 N.Y. Misc. LEXIS 333, Counsel Stack Legal Research, https://law.counselstack.com/opinion/55-05-myrtle-avenue-realty-corp-v-academy-for-career-education-corp-nycivct-1994.