New York Court of Appeals

Riverside Research Institute, and Warwick Investors, Appellant-Respondent v. Kmga, Inc.

July 1, 198668 N.Y.2d 689

Summary

The New York Court of Appeals affirmed the Appellate Division’s order, holding that a surrender by operation of law terminated the lease, the landlord was liable as an agent for the sublease, the lease barred recovery of additional taxes and attorney’s fees, the tenant’s counterclaim based on an alleged oral modification failed, and the award of operating expenses was proper.