180 MADISON PRISA II LLC v. PASARGAD CARPETS OF ISFAHAN, INC — It is Ordered that tenantappellant's motion for a stay is granted on condition that tenant-appellant: 1-perfects its appeal by no later than the April 2013 term-the filing deadline is February 5, 2013; 2-pays to landlord the judgment amount of $174,206.21 on or before January 3, 2013; and 3-pays landlord accruing use and occupancy in the amount of $14,783.08 per month on or before each subsequent rental due date, without prejudice. In the event of tenant-appellant's failure to comply with the foregoing conditions, landlord-respondent may move, on five days' notice, for an order vacating the stay and dismissing the appeal.
MADISON PRISA II LLC v. PASARGAD CARPETS OF ISFAHAN, INC
Appellate Term, First Judicial Department
New York Law Journal
January 4, 2013