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MTR. OF MGT. HOLDING CORP. v. WEAVER

10 Misc.2d 1000 (1957)

In the Matter of Management Holding Corp., Petitioner, v. Robert C. Weaver, as State Rent Administrator, Respondent.

Supreme Court, Bronx County.

December 16, 1957.

Attorney(s) appearing for the Case

Sidney H. Rosen for petitioner.

Nathan Heller and Philip Schuster for respondent.

GEORGE TILZER, J.

Petitioner seeks to review an order of the State Rent Administrator which denied an application for an increase of rent pursuant to the 6% return formula. The premises in question were purchased on April 1, 1955.

In determining this application under section 4 (subd. 4, par. [a], cl. [1]) of the State Residential Rent Law, the Administrator used the current assessed valuation as the...

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