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LEE SCHOLARSHIP FUND, INC. v. HOLLANDER

280 A.D. 769 (1952)

Lee Scholarship Fund, Inc., Appellant, v. Adele Hollander et al., Respondents

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

June 17, 1952.

Plaintiff corporation is not exempt from rent control, under paragraph (a) of subdivision 2 of section 2 of the State Residential Rent Law (L. 1946, ch. 274, as amd.), merely for the reason that its profits are required by its certificate of incorporation to be devoted to educational or charitable purposes. Neither is the rent ceiling removed from the apartment in question merely by reason of its having been rented in a furnished...

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