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In Juleah Co., L.P. v. Greenpoint-Goldman Corp., Greenpoint-Goldman was sued for failing to give an estoppel certificate when Juleah was refinancing its mortgage.

Juleah had renovated its building lobby, by painting, re-wallpapering, carpeting, relocating a door, and repairing the intercom system, and Greenpoint-Goldman contended those were "substantial alterations" which violated the lease.

The New York County Supreme Court disagreed and awarded Juleah damages in the amount of $450,793.

On appeal, the Appellate Division, First Department, noted that the plaintiff was "absolutely entitled" to the estoppel certificate . Although Greenpoint-Goldman claimed that Juleah's version of the certificate was much more extensive than what was required under the lease, Greenpoint-Goldman was obligated to issue a certificate which complied with that agreement. (In other words, Greenpoint-Goldman should have marked up the document to its liking.)

Greenpoint-Goldman's claim that Juleah's request was invalid -- since it had not been sent by registered mailed as required by the parties' agreement -- was "waived" since Greenpoint-Goldman failed to promptly object to that omission. And because the certificate was wrongly withheld, Juleah was entitled to the damage award.

There's no estopping that!

To download a copy of the Appellate Division's decision, please use this link: Juleah Co., L.P. v. Greenpoint-Goldman Corp.