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HELMSLEY-SPEAR, INC., Plaintiff-Appellant, v. RELIGIOUS ZIONISTS OF AMERICA, Defendant-Respondent, Mendel Mendlowitz, et al., Defendants.
Order, Supreme Court, New York County (Karla Moskowitz, J.), entered October 8, 2003, which granted plaintiff's motion for partial summary judgment on liability on the first cause of action as against defendant Religious Zionists of America (RZA), unanimously affirmed, without costs.
The renting agency agreement-interpreted, as it must be, in accordance with its plain and unambiguous meaning (Lopez v. Fernandito's Antique, 305 A.D.2d 218, 219, 760 N.Y.S.2d 140)-clearly limited plaintiff's commission, payable over a 24-month schedule, to a maximum rental of 20 years, notwithstanding a 49-year lease that landlord RZA and the tenant subsequently negotiated on their own. Plaintiff was entitled to payment so long as the tenant was not in default under the lease. But there was no requirement in the agreement that the commission for the entire 20-year period be paid in full within 24 months after commencement of the tenancy.
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Decided: July 22, 2004
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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