Owner's Future Plans Not Violation of Lease Terms

September 30, 2008
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Facts: An owner and a tenant entered into a seven-year lease. The tenant made renovations to the space that fit the specific needs of its business. Shortly after, a new owner purchased the building and began renovations, some of which were on the tenant's floor—though not in the tenant's space—and made plans to close down the elevators at the end of the tenant's lease.

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