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RIVEREAST APARTMENTS INVESTORS LLC v. GLADSTONE

16666, 158199/14

135 A.D.3d 558 (2016)

22 N.Y.S.3d 845

2016 NY Slip Op 00279

RIVEREAST APARTMENTS INVESTORS LLC, Appellant, v. ROBERT GLADSTONE, Respondent.

Appellate Division of the Supreme Court of New York, First Department.

Decided January 19, 2016.

"An interpretation that gives effect to all the terms of an agreement is preferable to one that ignores terms or accords them an unreasonable interpretation" (Ruttenberg v Davidge Data Sys. Corp., 215 A.D.2d 191, 196 [1st Dept 1995] [citations omitted]). Here, the guaranty specifically references the term "landlord" with its successors and assigns, thus the predecessor landlord's assignment to plaintiff was permissible. Nevertheless...

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