Guan Tou Market, Inc. v. 373 Wythe Avenue Realty, Inc.Guan Tou Market, Inc. v. 373 Wythe Avenue Realty, Inc.
Ordered that the appeal and the cross appeal from the judgment entered July 28, 2011, are dismissed, without costs or disbursements, as that judgment was superseded by the amended judgment entered July 13, 2012, and, in any event, the cross appeal from the judgment entered July 28, 2011, has been abandoned; and it is further,
Ordered that the amended judgment is modified, on the law and the facts, by reducing the principal sum awarded to the plaintiff from $200,000 to $138,500; as so modified, the amended judgment is affirmed, without costs or disbursements, the judgment is vacated, and the matter is remitted to the Supreme Court, Kings County, for the entry of an appropriate amended
In 2001 the parties entered into a 10-year commercial lease pursuant to which the plaintiff, as tenant, leased premises owned by the defendant. In August 2006 the parties entered into a written stipulation of settlement (hereinafter the stipulation) whereby the plaintiff agreed to surrender its remaining leasehold interest in the premises in exchange for the payment of $125,000 in “buy-out funds,” plus the return of its $13,500 security deposit. The plaintiff vacated the premises by the end of August 2006, providing 14 days’ written notice to the defendant of its intention to do so, as required under the stipulation.
In March 2007 the plaintiff commenced this action alleging, inter alia, that the defendant had breached the stipulation by failing to pay it any of the buy-out funds or return the security deposit. After trial, the jury returned a verdict in favor of the plaintiff, finding that the defendant had breached the stipulation. Thereafter, the defendant moved pursuant to
“A motion pursuant to
Here, contrary to the defendant‘s contention, there was a valid line of reasoning and permissible inferences by which the jury could have rationally concluded that the plaintiff substantially complied with its obligation to vacate the premises in
However, the plaintiff‘s proof was insufficient to establish that it additionally sustained actual damages in the principal sum of $61,500. Therefore, we modify the amended judgment by reducing the principal sum awarded to the plaintiff from $200,000 to $138,500.
The defendant‘s remaining contentions are without merit.
Mastro, J.P., Skelos, Balkin and Roman, JJ., concur.