PETER J. KELLY, Judge.
Upon the foregoing papers defendant's motion is determined as follows:
Ponok Realty Corp. (Ponok) is the owner of a commercial building located at 27-06 42 Road, Long Island City, New York. On June 23, 1988, Ponok entered into a lease agreement with Omega Shell Ltd.(Omega) whereby it leased said premises to Omega for a period of four years, expiring on July 1, 1998. The parties to the lease thereafter extended the lease agreement until...
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