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MATTER OF ASCH v. GABEL

21 A.D.2d 774 (1964)

In the Matter of Marion Asch, as Trustee of Trusts Created under The Will of Sarah R. Mednick, Deceased, Appellant, v. Hortense W. Gabel, as Administrator of The New York City Rent and Rehabilitation Administration, Respondent

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

June 18, 1964

Judgment unanimously reversed on the law, with costs to appellant, determination of the respondent, City Rent and Rehabilitation Administrator, in the matter of the fixing of the maximum rents for the subject premises, annulled, the Administrator directed to recompute and adjust rent increases on the basis of depreciation allowances of 2% of the valuation of the building, and the matter remanded to the Administrator for such purpose.

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