MATTER OF EAST 53RD INC. v. GABEL


21 A.D.2d 647 (1964)

In the Matter of East 53rd Inc., Respondent, v. Hortense W. Gabel, as City Rent and Rehabilitation Administrator, Appellant

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

May 14, 1964


Order, entered on March 26, 1963, revoking an order of respondent City Rent Commissioner which denied petitioner's application for a hardship rent increase reversed on the law and on the facts, and the petition dismissed, with $20 costs and disbursements to the appellant.

Respondent rejected petitioner's application for a hardship rent increase on several grounds. Primarily it appears that the property sold for $550,000, of which the buyer paid $100,000 in cash. ...

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