MATTER OF 601 WEST 26 CORP.


283 A.D. 869 (1954)

In the Matter of 601 West 26 Corp., Respondent-Appellant. Midtown Warehouse, Inc., Appellant-Respondent, et al., Respondents

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

April 27, 1954.


On this record we find the fair value of the property to be $6,150,000 as of the time in question. Furthermore, profits from sale of electricity should not have been included in the expenses allowable.

Order unanimously modified so as to fix rents on the basis indicated and, as so modified, affirmed. Settle order...

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