MATTER OF 202 EAST 44TH ST. CORP.


277 A.D. 856 (1950)

In the Matter of 202 East 44th Street Corporation, Respondent. Schwarz Laboratories, Inc., et al., Appellants, et al., Tenants

Appellate Division of the Supreme Court of the State of New York, First Department.

June 13, 1950.


Final order unanimously modified by fixing the rentals for the appellant Schwarz Laboratories, Inc., at $14,547.54 and for the appellant Pilot Industries, Inc., at $6,104.20 and, as so modified, affirmed, with costs to the appellants (Matter of Natanson [Tutundgy], 276 App. Div. 745).

Even under the circumstances where an increase greater than 15% might be warranted, we do not construe the statute to permit a second cumulative increase of more than 15% in one...

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