Ark Restaurants secured summary judgment on its breach-of-lease and right-of-first-lease claim for the Bryant Park Grill, with damages to be set at trial.
Key Highlights:
- Court awarded summary judgment to Ark Restaurants for breach of the Bryant Park Grill lease and related right of first lease for the Bryant Park Café.
- Court entitled Ark Restaurants to money damages to be determined at a future trial; no specific performance granted.
- Landlord prevailed on ejectment, use and occupancy, and café/license breach claims; those damages may be sought at trial.
- Ark Restaurants will file a Notice of Appeal for adverse portions; filing triggers automatic stay of eviction pending appeal.
Original SEC Filing:
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