Goldman Sachs Can Collect $3M For Renewing NYC Lease

Law360, New York (May 09, 2012, 5:37 PM ET) -- Goldman Sachs & Co. is entitled to a $3.1 million commission for renewing its downtown New York lease, even though it later assigned the lease to American International Group Inc., a New York state judge ruled Wednesday.

Judge Charles E. Ramos said at the end of a hearing in Manhattan that Goldman Sachs was entitled to summary judgment on its claim that it was owed the commission for renewing its lease, which is for 800,000 square feet of office space in a 40-story office building at...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers