Schultz v. Ljungqvist
Decision Date | 17 November 2003 |
Docket Number | 2002-08032.,2003-02447. |
Citation | 1 A.D.3d 498,767 N.Y.S.2d 255,2003 NY Slip Op 18449 |
Parties | THOMAS SCHULTZ et al., Appellants, v. EDWARD LJUNGQVIST et al., Respondents. |
Court | New York Supreme Court — Appellate Division |
Ordered that one bill of costs is awarded to the respondents appearing separately and filing separate briefs.
In 1998 the plaintiffs tenants, Thomas Schultz and David Green (hereinafter the plaintiffs), entered into a lease with the defendant Nancy Ljungqvist, who later assigned the lease to the defendant Bellport Building, Inc. The lease accorded the plaintiffs the right to purchase the subject premises on condition that they were not in default of any of the terms, conditions, or covenants contained in the lease. The lease further provided that if the plaintiffs caused such a default, or breached any term, condition, or covenant contained in the lease, then the right of first refusal would immediately terminate, "regardless of any action Landlord takes or Landlord's failure to act pursuant to Tenant's option hereunder." Thus, although the landlord never formally declared the plaintiffs to be in default until they sought to exercise their right of first refusal, the plaintiffs' violations of those provisions of...
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...time the plaintiff purchased the premises and thereby waived and forfeited all their rights under the lease ( see Schultz v. Ljungqvist, 1 A.D.3d 498, 499, 767 N.Y.S.2d 255). Likewise, the Supreme Court properly found that the tenants failed to demonstrate a reasonable excuse for their defa......
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455 Dumont Assocs., LLC v. Rule Realty Corp.
...it had the grounds to terminate the lease upon a breach of the insurance procurement provision 180 A.D.3d 738 (see Schultz v. Ljungqvist, 1 A.D.3d 498, 499, 767 N.Y.S.2d 255 ). The tenant did not exercise its option to purchase the subject property before the lease was terminated. Thus, the......
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