[DOWNLOAD] "Oppenheimer & Co. v. Oppenheim" by Supreme Court of New York ~ eBook PDF Kindle ePub Free
eBook details
- Title: Oppenheimer & Co. v. Oppenheim
- Author : Supreme Court of New York
- Release Date : January 07, 1991
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 63 KB
Description
In 1986, plaintiff, a large stock brokerage house, moved to a new building constructed by Olympia & York Org. (""O&Y""). O&Y promised to indemnify plaintiff if it could not sublease its prior space at One New York Plaza which it had occupied since 1968 (floors 31 through 33). Defendant, who had already leased space on the 29th floor of One New York Plaza, was interested in leasing the 33rd floor from plaintiff. Defendant would only lease that floor on the condition that the prime landlord would agree to a telephone communication linkage system between the 29th and 33rd floors. Other conditions were that plaintiff had to secure the prime landlord's consent to defendant as a subtenant and that defendant had to submit plans for the linkage system. There were specific dates set for compliance with all conditions and if these dates were not met, the agreement to sublease would be self terminating. Any modification of the agreement had to be in writing. The sublease attached to the agreement contained disclaimers by plaintiff of responsibility for the 33rd floor's compliance with regulations governing its physical condition. Thus, defendant agreed to take the premises ""as is.""