In an action to recover a broker’s commission, the plaintiff appeals from an order of the
Ordered that the order is affirmed, with costs.
The February 25, 1994, letter agreement acknowledged the right of the plaintiff (hereinafter the broker) to a commission in the event that a satisfactory subleasing deal was reached between the defendant and Pearl Art & Craft Discount Center (hereinafter Pearl Art) with regard to a certain store. We hold that, as a matter of law, the letter agreement did not confer upon the broker an exclusive agency or an exclusive right to negotiate with all other potential sublessors on the defendant’s behalf (see, Helmsley-Spear, Inc. v Melville Corp.,
Even if the agreement had created an exclusive agency, the broker would not be entitled to a commission because the agreement provided only for a commission “at a rate to be negotiated”. The agreement thus lacked an essential term as to the amount of the commission and constituted an unenforceable agreement to agree (see, Cooper Sq. Realty v A.R.S. Mgt.,
Finally, assuming that the letter agreement memorialized some kind of exclusive brokerage arrangement, the broker would still not be entitled to a commission inasmuch as it clearly abandoned the transaction (see, Ryan v Bettiol,
