Mount Sinai Doesn't Owe 10 Years Of Back Rent, Panel Rules

Law360, New York (August 20, 2013, 6:36 PM EDT) -- A New York appeals court ruled Tuesday that Mount Sinai Hospital does not owe a commercial landlord for 10 years of additional rent that it failed to charge thanks to a clerical error, pointing to a clause in the lease requiring timely billing.

The New York Supreme Court Appellate Division, First Department, affirmed a lower court's ruling that the lease agreement between Mount Sinai and landlord the 1998 Alexander Karten Annuity Trust for a floor at 309-327 East 94th St. in Manhattan, used for a dialysis...
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