Respondent was a 30-year tenant in a building owned by petitioner, who commenced this summary holdover proceeding for possession of the apartment on the basis of chronic nonpayment of rent. In March 2006, the parties entered into a stipulation, so ordered by the court, settling the proceeding. The stipulation required respondent, inter alia, to pay the arrears and $1,000 in legal fees by the following month, with "time ... of the essence for payment." The agreement also noted...
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