LegalJun 26, 2026, 04:12 PM
Ark Restaurants Wins Partial Summary Judgment in Bryant Park Lease Dispute
AI Summary
Ark Restaurants Corp. received a mixed court decision in its legal dispute with Bryant Park Corporation over restaurant leases. The court granted summary judgment to Ark Restaurants for breach of contract regarding the Bryant Park Grill lease and the right of first lease for the Bryant Park Café, entitling the company to future money damages. However, the court denied specific performance and granted the Landlord's claims for ejectment, use and occupancy, and breach of contract for the Bryant Park Café and The Porch. Ark Restaurants plans to appeal the adverse portions of the decision, which will result in an automatic stay of eviction.
Key Highlights
- Court granted Ark Restaurants summary judgment for breach of contract on Bryant Park Grill lease.
- Court also granted summary judgment for Ark Restaurants on right of first lease for Bryant Park Café.
- Ark Restaurants is entitled to money damages, to be determined in a future trial.
- Court denied specific performance for Ark Restaurants and granted Landlord's ejectment claims.
- Landlord's claims for use and occupancy, and breach of contract for Bryant Park Café and The Porch were granted.
- Ark Restaurants will appeal the adverse portions of the court's decision.
- The appeal will result in an automatic stay of eviction, pending a court-determined undertaking.
Price Impact
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