135 East 57th Street LLC v. Daffy's Inc.

934 N.Y.S.2d 112 (2011)

From our private database of 46,200+ case briefs, written and edited by humans—never with AI.

135 East 57th Street LLC v. Daffy’s Inc.

New York Supreme Court, Appellate Division
934 N.Y.S.2d 112 (2011)

  • Written by Lauren Petersen, JD

Facts

Daffy’s Inc. (Daffy’s) (defendant) was a popular discount clothing retail chain in New York City. One of Daffy’s locations was on 57th Street, where it leased space from 135 East 57th Street LLC (135 East) (plaintiff). Daffy’s executed a lease with 135 East in 1994. Under the terms of the lease, Daffy’s had an option of two five-year renewal terms. The first of these options had to be exercised by January 31, 2010, in writing. Although Daffy’s intended to exercise its option to renew the lease, Daffy’s corporate controller accidentally missed the option date. Daffy’s verbally notified 135 East of its intent to renew on February 4, 2010, then notified Daffy’s in writing on February 9, 2010. 135 East sought a declaratory judgment that Daffy’s had failed to timely renew its lease. At trial, Daffy’s late renewal was found to be a mistake made in good faith, and Daffy’s delay was found to have not prejudiced 135 East. Daffy’s presented evidence that it painted the retail space when it first entered into the lease with 135 East. The trial court issued a declaratory judgment that Daffy’s was entitled to equitable relief because Daffy’s had made improvements to the property that would cause Daffy’s to suffer a forfeiture if the lease were terminated. Consequently, the trial court excused Daffy’s late renewal. 135 East appealed.

Rule of Law

Issue

Holding and Reasoning (Saxe, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 798,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials
  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 798,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,200 briefs, keyed to 988 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 798,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,200 briefs - keyed to 988 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership