Case Name: Theatre Row Phase II Associates, Appellant, v. City of New York, Respondent
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 2003-12-09
Citations: 2 A.D.3d 187
Docket Number: 
Parties: Theatre Row Phase II Associates, Appellant, v City of New York, Respondent.
Judges: 
Reporter: Appellate Division Reports
Volume: 2
Pages: 187–188

Head Matter:
Theatre Row Phase II Associates, Appellant, v City of New York, Respondent.
[767 NYS2d 773]

Opinion:
Order and judgment (one paper), Supreme Court, New York County (Joan Madden, J.), entered on or about March 21, 2002, which, inter alia, dismissed the complaint, denied plaintiffs motion for summary judgment and granted defendant's cross motion for summary judgment on its third counterclaim, unanimously affirmed, without costs.
"Additional rent" was based, in part, on a portion of profits, which consisted of gross revenue less expenses. In determining the profit factor, the IAS court correctly interpreted the unambiguous language of the lease as limiting the tenant's right to include as expenses for a given fiscal year the management fees actually paid in that same fiscal year.
Plaintiff's other contentions are unavailing since they are based upon a misreading of the order. No money judgment has been awarded. The City's third counterclaim merely sought declaratory relief that the lease had been breached, and that is all the IAS court has granted. Concur—Rosenberger, J.P., Lerner, Friedman and Marlow, JJ.