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13 Dec 2022, 5:00 pm
” And, based on the record before it, the AD1 found that it was.Clearly, this case sends a cautionary warning to commercial tenants, that they should review their leases before holding over -- lest they want to get hit with a potentially crippling post-expiration rent bill.# # #SOURCES/CITATIONS:ESRT 501 Seventh Ave., LLC v Regine, Ltd., 2022 NY Slip Op 03795 (1st Dep’t 2022).Truck Rent-A-Center v Puritan Farms 2nd,… [read post]