Plaza Hotel Associates v. Wellington Associates, Inc.

New York Court of Appeals · Decided 1975-07-08

Cited by 317 later decision(s) in our corpus · see the citation network in Lexace

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Chief Judge Breitel (concurring). I concur in result, but I do not conclude that the gross purchase price for the option and its exercise has "controlling significance” in determining the value of one-half interest in the land acquired by defendant. The two one-half interests in the land, as argued by defendant, were not equal. One-half interest is owned by the long-term lessee, a…

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