Bronxville Palmer, Ltd. v. State

284 N.E.2d 577, 30 N.Y.2d 760, 333 N.Y.S.2d 422, 1972 N.Y. LEXIS 1329

Opinions

Order modified, without costs, by deleting therefrom the provision with regard to the payment of interest and, as so modified, affirmed. The exchange of letters between the claimant and the State constituted a binding agreement for the suspension of interest to the extent indicated therein. In view of this unequivocal expression of intent, it is of no consequence that the parties failed to formalize their agreement in the stipulation referred to in the letters.