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INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Atelier Constantin Popescu, LLC v. JC Corp., 134 Conn. App. 731 (2012)

Citation
Atelier Constantin Popescu, LLC v. JC Corp., 134 Conn. App. 731 (2012)
Parent Document
Atelier Constantin Popescu, LLC v. JC Corp., 134 Conn. App. 731 (2012)
Jurisdiction
Connecticut (state)
Effective Date
2012-04-17

Other Sections in This Document (97)

Full Text

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On May 25,2006, the plaintiff submitted its first offer. The offer listed “JC Corporation,” the owner of record *736of 1076 East Putnam Avenue, as the landlord, and proposed, among other terms, a key money payment of $100,000 payable to the landlord upon signing of the lease. On May 29, 2006, Julie Chen, who was the vice president and secretary of JC Corporation and the sole individual in charge of JC Corporation’s daily operations, wrote, in response to this offer: “Key Money: $160,000. Over the weekend, we spoke with the Tea House principals and considering their substantial investment (more than $300,000) they put into renovating the space, they need significantly more than $100,000 to relinquish the space.” The letter ended by stating: “If the terms and conditions presented herein are acceptable, we would be happy to proceed with preparing the lease.” On June 1, 2006, the plaintiff sent Julie Chen a letter confirming the agreed to terms and conditions for the lease. The proposed agreement set the key money payment at $110,000.