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MONROE MGT v. APPEALS BD

97 A.D.2d 12 (1983)

In the Matter of 25 Monroe Place Management Co., Inc., Respondent, v. Conciliation and Appeals Board of the City of New York, Appellant

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

November 15, 1983

Attorney(s) appearing for the Case

Daniel King for respondent.

Mary Ellen Cronly of counsel (Ellis S. Franke, attorney), for appellant.

MURPHY, P. J., FEIN, MILONAS and KASSAL, JJ., concur.

ASCH, J.

The issue presented in this case is whether the board, based on the record before it, appropriately established the fair market rent for apartment 1C at 25 Monroe Place, the premises in question. Pursuant to applicable statutory and case law, the board, when presented with a tenant's fair market rent appeal, is required to consider two factors in determining whether the initial legal regulated rent for...

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