ALBANY – One of Manhattan’s most prominent commercial landlords was under no obligation to help a law firm defray 15 months’ worth of rental costs when the firm vacated its offices 15 months before its lease expired, the state Court of Appeals ruled unanimously Thursday.
The court ruled 6-0 that a stipulation Kurzman Karelsen & Frank signed with the 230 Park Avenue Holdco did not establish a duty by the landlord to mitigate its damages caused by the law firm’s exit from the 23rd floor of the Helmsley Building over Grand Central Station.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]