In Willow Brook Recreation Ctr., Inc. v. Selle, 96 N.J. Super. 358, 233 A.2d 77 (App.Div.), certif. denied, 51 N.J. 187, 238 A.2d 473 (1968), the Court affirmed summary judgment granted to defendants on the ground that the statute of frauds required that an agreement extending the time to exercise an option to lease lands be in writing. In so doing, the Court held that an oral agreement extending the time to exercise an option was tantamount to the grant of a new option of that extended period and thereby required compliance with the statute of frauds in order to be enforceable.