N.Y. Uniform Commercial Code Law § 2-a-204: Formation in General

Section 2-A-204. Formation in General.

(1) A lease contract may be made in any manner sufficient to show

agreement, including conduct by both parties which recognizes the

existence of a lease contract.

(2) An agreement sufficient to constitute a lease contract may be

found although the moment of its making is undetermined.

(3) Although one or more terms are left open, a lease contract does

not fail for indefiniteness if the parties have intended to make a lease

contract and there is a reasonably certain basis for giving an

appropriate remedy.