This article 78 proceeding had been brought by a group of tenants to review an order of the State Rent Administrator, issued on November 18, 1960, which granted the landlord a building-wide rent increase under the net annual return provisions of the Rent Control Law.
Five apartment houses in Jamaica, New York, were sold by Realty Equities Corporation to four individuals, as tenants in common. The purchase price was $968...
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