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G.S. 505 PARK, LLC, Plaintiff-Appellant, v. SHERRY-LEHMANN, INC., doing business as Sherry-Lehmann Wine & Spirits, et al., Defendants, Chris Adams, Defendant-Respondent.
Order, Supreme Court, New York County (Suzanne J. Adams, J.), entered on or about January 3, 2025, which granted defendant Chris Adams's motion pursuant to CPLR 3211(a)(1) to dismiss plaintiff's fourth and sixth claims for breach of guaranty and attorneys’ fees, unanimously reversed, on the law, without costs, and the motion denied.
The motion court should not have dismissed plaintiff's claims under the guaranty based on the three lease modifications to which defendant guarantor did not consent. While it is true that generally, “an obligation may not be altered without the consent of the party who assumed the obligation” (Bier Pension Plan Trust v. Estate of Schneierson, 74 N.Y.2d 312, 315, 546 N.Y.S.2d 824, 545 N.E.2d 1212 [1989]), where, as here, the guaranty provides that the guarantor remains bound by subsequent modifications to the lease, defendant guarantor is “bound to satisfy the underlying obligations in spite of modifications to those obligations” (American Bank & Trust Co. v. Koplik, 87 A.D.2d 351, 353, 451 N.Y.S.2d 426 [1st Dept. 1982]).
As we determined in (SpringPrince, LLC v. Elie Tahari, Ltd., 173 A.D.3d 544, 104 N.Y.S.3d 95 [1st Dept. 2019]), “[t]he subsequent agreement between the tenant and the landlord reducing the tenant's rent obligations did not discharge defendant's obligations under the guaranty as it merely constituted leniency on the part of the landlord and did not create a new contract between the parties” (id. at 545–546, 104 N.Y.S.3d 95).
Motion for leave to file amicus curiae brief, denied.
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Docket No: 4463, M-1570
Decided: May 29, 2025
Court: Supreme Court, Appellate Division, First Department, New York.
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FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
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