500 FIFTH AVE., INC. v. DALSHEIM


300 N.Y. 587 (1949)

500 Fifth Avenue, Inc., Respondent, v. Morris D. Dalsheim, Appellant.

Court of Appeals of the State of New York.

Decided December 29, 1949


Attorney(s) appearing for the Case

Alexander Bicks and Bernard A. Helfat for appellant.

Orrin G. Judd, Sidney B. Moskovitz and Saul A. Shames for respondent.

Concur: LOUGHRAN, Ch. J., LEWIS, CONWAY, DESMOND, DYE, and BROMLEY, JJ. FULD, J., dissents in opinion.


Judgment affirmed, with costs. [See 300 N.Y. 680.]

FULD, J. (dissenting).

The court is here holding that, in dealing with percentage rent leases, the rental that may be charged is not that payable on the statutory freeze date — the situation in all other cases — but rather the rental provided for in a lease in force when the statute became effective, which was about a year after the freeze date. The...

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