Key rulings you need to know.
Tenant Did Not Timely Exercise Renewal Right
Redlyn Electric Corp. v. Louis Shiffman, Inc.
NYLJ 2/8/10
p. 32., col. 3
AppDiv, Second Dept.
(memorandum opinion)
In tenant's action for a judgment declaring that it had validly renewed its lease, tenant appealed from Supreme Court's judgment in favor of landlord. The Appellate Division affirmed, holding that tenant had not established that it had timely exercised its renewal right.
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