MATTER OF ROTHAM REALTY CO. v. GABEL


22 A.D.2d 670 (1964)

In the Matter of Rotham Realty Co., Respondent, v. Hortense W. Gabel, as City Rent and Rehabilitation Administrator, Appellant, and Thelma Barban, Respondent

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

October 22, 1964


Order and judgment granting petitioner's application and annulling the determination of the City Rent and Rehabilitation Administrator, unanimously reversed, on the law, with $50 costs to appellant, and the petition dismissed.

The cash payment made by the petitioner was less than the 20% standard adopted by the Administrator. By reason of such fact the Administrator properly could have made a determination that the sale was abnormally financed (Matter of East 53rd...

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