Bronxville Palmer, Ltd. v. State

30 N.Y.2d 760 | NY | 1972

Lead Opinion

Order modified, without costs, by deleting therefrom the provision with regard to the payment of interest and, as so modified, affirmed. The exchange of letters between the claimant and the State constituted a binding agreement for the suspension of interest to the extent indicated therein. In view of this unequivocal expression of intent, it is of no consequence that the parties failed to formalize their agreement in the stipulation referred to in the letters.

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Concurrence Opinion

Concur: Chief Judge Fuld and Judges Burke, Scileppi, Bergan, Breitel, Jasen and Gibson.