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ROYAL EQUITIES OPERATING LLC, pet-res, v. LIFESTYLE FORMS CO. INC., A/K/A LIFESTYLE FORMS AND DISPLAYS CO., A/K/A LIFESTYLE FORMS, INC. A/K/A LIFESTYLE FORMS AND DISPLAY. INC., res-ten, PLAZA COLLECTIBLES CORP., PLAZA COLLECTIBLES COM CORP., PLAZA COLLECTIBLE LTD., PLAZA APPRAISAL SERVICES, INC., res-app, “XYZ CORP.” AND “JOHN/ JANE DOE,” res-un

13-334. ROYAL EQUITIES OPERATING LLC, pet-res, v. LIFESTYLE FORMS CO. INC., A/K/A LIFESTYLE FORMS AND DISPLAYS CO., A/K/A LIFESTYLE FORMS, INC. A/K/A LIFESTYLE FORMS AND DISPLAY. INC., res-ten, PLAZA COLLECTIBLES CORP., PLAZA COLLECTIBLES COM CORP., PLAZA COLLECTIBLE LTD., PLAZA APPRAISAL SERVICES, INC., res-app, "XYZ CORP." AND "JOHN/ JANE DOE," res-un — Order (Arlene P. Bluth, J.), entered August 30, 2012, affirmed, with $10 costs.

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13-334. ROYAL EQUITIES OPERATING LLC, pet-res, v. LIFESTYLE FORMS CO. INC., A/K/A LIFESTYLE FORMS AND DISPLAYS CO., A/K/A LIFESTYLE FORMS, INC. A/K/A LIFESTYLE FORMS AND DISPLAY. INC., res-ten, PLAZA COLLECTIBLES CORP., PLAZA COLLECTIBLES COM CORP., PLAZA COLLECTIBLE LTD., PLAZA APPRAISAL SERVICES, INC., res-app, “XYZ CORP.” AND “JOHN/ JANE DOE,” res-un — Order (Arlene P. Bluth, J.), entered August 30, 2012, affirmed, with $10 costs.

We agree that the November 6, 2009 document relied upon by the subtenants-appellants constituted an agreement to agree on terms in a future lease, and did not convey to appellants an enforceable tenancy interest in the commercial premises here at issue (see 166 Mamaroneck Ave. Corp. v. 151 East Post Road Corp., 78 NY2d 88, 91 [1991]; Female Academy of the Sacred Heart v. Doane Stuart School, 91 AD3d 1254, 1255 [2012]). The document contemplated further negotiation and execution of a formal written lease between the parties and provided for a limited monetary remedy “[i]n the event that landlord decides not to offer undertenant such lease.” The clear and unambiguous language utilized demonstrates that the parties did not intend to be bound by any lease until it was drafted and signed (see Amcan Holdings, Inc. v. Canadian Imperial Bank of Commerce, 70 AD3d 423, 426 [2010], lv denied 15 NY3d [2010]). Since no such writing was ever executed, no binding lease agreement came into effect (see Scheck v. Francis, 26 NY2d 466, 469-470 [1970]).

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