Court of Appeals of New York
936 Second Avenue L.P. v. Second Corporate Dev. Co., Inc., 94
In a lease dispute involving the issue of whether the net lease itself must be considered by appraisers in valuing the demised premises for purposes of establishing the net rent for a renewal term of the lease, the Court of Appeals rules that, because the net lease does not exclude its consideration, it must be taken into account in valuing the property.
Appellate Information
- Decided 06/12/2008
- Published 06/12/2008
Judges
Court
- Court of Appeals of New York