New York Court of Appeals March 29, 2005 (South Road Associates, LLC v. International Business Machines Corp.)

OPINION OF THE COURT

Ciparick, J.

This appeal presents an issue of contract interpretation—the scope of the term “premises” as contained in the “good order and condition” provision of the parties’ lease agreement. Specifically, we address whether “premises” includes the land upon which the buildings are situated or only the buildings’ interior space.